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Mohr Company purchases a machine at the beginning of the year at a cost of $32,000. The machine is depreciated using the units-of-production method.
Mohr Company purchases a machine at the beginning of the year at a cost of $32,000. The machine is depreciated using the units-of-production method. The company estimates it will use the machine for 5 years, during which time it anticipates producing 56,000 units. The machine is estimated to have a $4,000 salvage value. The company produces 9,600 units in year 1 and 6,600 units in year 2. Depreciation expense in year 2 is: Multiple Choice $3.300. $12,800. $5,600 $19,200,
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