Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 17, 2024

A machine with a cost of $65,200.00 has an estimated residual value of $3,812.00 and an estimated life of 5 years or 16,778 hours. What

A machine with a cost of $65,200.00 has an estimated residual value of $3,812.00 and an estimated life of 5 years or 16,778 hours. What is the amount of depreciation for the second full year, using the double dedining-balance method? Select the correct answer. $26,080.00 $15,648.00 $13,040.00 $24,555.20

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Clinical Audit For Doctors

Authors: Dr. Bob Ghosh, Sir Liam Donalson, Dr. Chen Sheng Low, Margaret Keane, Dr. Bhoresh Dhamija

1st Edition

1906839018, 978-1906839017

More Books

Students also viewed these Accounting questions

Question

★★★★★

Each of the following items must be considered in preparing a statement of cash flows for Sage Fashions Inc. for the year ended December 31, 2008. 1. Fixed assets that had cost $20,000 612 years...

Answered: 1 week ago

Question

★★★★★

=+11.11 A newspaper story headline reads Gender Plays Part in Monkeys Toy Choices, Research FindsLike Humans, Male Monkeys Choose Balls and Cars, While Females Prefer Dolls and Pots (Knight Ridder...

Answered: 1 week ago

Question

★★★★★

Calculate the heat of vaporization of water (kJ/mol) at 50C and low pressures from the tabulated heat of vaporization in Table B.1 and data in Table B.2 and Table B.8. Show clearly the process path...

Answered: 1 week ago

Question

★★★★★

A machine with a cost of $65,200.00 has an estimated residual value of $3,812.00 and an estimated life of 5 years or 16,778 hours. What is the amount of depreciation for the second full year, using...

Answered: 1 week ago

Question

★★★★★

Budgeted sales in Allen Company over the next four months are given below: September October November December Budgeted Sales $ 1 6 5 , 0 0 0 $ 1 8 8 , 0 0 0 $ 1 6 6 , 0 0 0 $ 1 3 7 , 0 0 0 Twenty -...

Answered: 1 week ago

Question

★★★★★

The Joshi Farm (JFF), a saltwater aquarium company, is planning to expand its operations. It anticipates that an expansion will be undertaken in 6 years. In anticipation of the expansion, JFF invests...

Answered: 1 week ago

Question

★★★★★

(1 point) The graph of the function f(x) is -4 1,0 (the horizontal axis is x.) Consider the differential equation x' = f(x). List the constant (or equilibrium) solutions to this differential equation...

Answered: 1 week ago

Question

★★★★★

The properties of unidirectional fiber reinforced polymer composite laminate are given as: Elasticity modulus E (GPa) Shear modulus G(GPa) Fiber (E1f)=252 (E2f)=30 25 0.32 Matrix 3,8 2 0.28 Poisson's...

Answered: 1 week ago

Question

★★★★★

Graph the function. y= se2x To draw the graph, plot three consecutive asymptotes and two points, one on each side of the second asymptote. Then click on the graph icon.

Answered: 1 week ago

Question

★★★★★

Which circuit below is a direct implementation of the propositional logic statement ~ (p V qV ~ (r^ ~ ))^\\ ~ r? Version 1 P 13 P output 9 Version 2 output R

Answered: 1 week ago

Question

★★★★★

Analyse three generic sources of tensions are identified in the management of global work-life issues.

Answered: 1 week ago

Question

★★★★★

Discuss SOFMANs response to the changing external environment since 2009/10. Examine the key factors underlying SOFMANs strategic choices and critically evaluate the internationalisation strategy.

Answered: 1 week ago

Question

★★★★★

Is it clear what happens if an employee violates the policy?

Answered: 1 week ago

Previous Question Next Question