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Jim Company bought a machine for $34,800 with an estimated life of 3 years. The residual value of the machine is $10,160. This machine is
Jim Company bought a machine for $34,800 with an estimated life of 3 years. The residual value of the machine is $10,160. This machine is expected to produce 123,200 units. In year 1, it produced 20,100 units, and in year 2, 38,200 units. |
Assuming the units-of-production method, calculate the first 2 years |
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