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Please answer letter d. Thank you! Please answer the wrong two answers. A tractor for over-the-road hauling is purchased for $100,000.00. It is expected to
Please answer letter d. Thank you!
Please answer the wrong two answers.
A tractor for over-the-road hauling is purchased for $100,000.00. It is expected to be of use to the company for 6 years, after which it will be salvaged for $3,600.00. Calculate the depreciation deduction and the unrecovered investment during each year of the tractors life. a. Use straight-line depreciation. Provide depreciation and book value for year 6. Depreciation for year 6 = $ 16066.67 3600 book value for year 6 = $ b. Use declining balance depreciation, with a rate that ensures the book value equals the salvage value. Provide depreciation and book value for year 6. Depreciation for year 6 = $ 2664.96671 book value for year 6 = $ 3600 C. Use double declining balance depreciation. Provide depreciation and book value for year 6. Depreciation for year 6 = 4388.27 book value for year 6 = $ 8779.14952 d. Use double declining balance, switching to straight-line depreciation. Provide depreciation and book value for year 6. 19666.69 Depreciation for year 6 = book value for year 6 = $ 3600 Cowboy Metal Cutting produces a laser-cut part based on customer orders. The number of units requested on a customer's order for the laser-cut part can vary from 1 to 150. Cowboy has determined that three different cutting machines can be used to produce this part. An economic analysis of production costs has produced the data in the table below. Cutting Tool ID Fixed Cost per Order Variable Cost per Unit CT 1 $ 270 $9.75 CT 2 $725 $3.00 CT 3 $520 $4.60 Your answer is partially correct. Try again. For all order sizes between 1 and 150, determine the preferred (most economical) cutting machine for an order of that size: For an order size up to 50 CT 1 units, cutting tool is preferred. X For an order size greater than 50 150 units and up to units, cutting tool CT 3 v is preferred. x 125 For an order size greater than units, cutting tool CT 2 is preferredStep by Step Solution
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