Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please answer both questions in 10 min thanks Bonita Industries constructed a building at a cost of $14400000. Weighted average accumulated expenditures were $5620000, actual
please answer both questions in 10 min thanks Bonita Industries constructed a building at a cost of $14400000. Weighted average accumulated expenditures were $5620000, actual interest was $566000, and avoidable interest was $272000. If the salvage value is $1120000, and the useful life is 40 years, depreciation expense for the first full year using the straight-line method is $345600 $479300, $338800 $366800 Vaughn Manufacturing constructed a building at a cost of $30300000. Weighted average accumulated expenditures were $12700000, actual interest was $1130000, and avoidable interest was $600000. If the salvage value is $2430000, and the useful life is 40 years, depreciation expense for the first full year using the straight-line method is $711750 $772500 $1029250 $740000
please answer both questions in 10 min thanks
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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