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can I get some hwep with this? I thought that the answer was $5058 but that was marked as being incorrect. Required information Whe following
can I get some hwep with this?
Required information Whe following information applies to the ithestions displayed below? At the begining of the year, Fostet 8 Long Company bought machinery, shetieng. and a forklift. The mbchinery initially cost $28, 400 but had to be overhsuled (at a cost of $1.760 ) before it could be installed (at a cost of 5880 ) anded finally put inta use The machinety s total ife was estimeted as 40.000 hours, with an estimated residual value of 51,000 The machinery was actualyy used 5,000 nows in year 1 and 7,000 hours in year 2 Repair costs were 5420 in each yeat. The sheiving cost $9.650 and was expected to last 5 years, with a residiual value of 5670 . The forkitt cosi $13.950 and Was expected to last 3x years with a residual value of 52140 2. Gomeste year 2 unitsofsproduction depreciation expense for the machineiy (Do not round intermediate calculations) I thought that the answer was $5058 but that was marked as being incorrect.
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