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TB MC Qu. 08-172 (Algo) Mohr Company purchases a machine at... Mohr Company purchases a machine at the beginning of the year at a cost
TB MC Qu. 08-172 (Algo) Mohr Company purchases a machine at... Mohr Company purchases a machine at the beginning of the year at a cost of $28,000. 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 52,000 units. The machine is estimated to have a $2,000 salvage value. The company produces 9,400 units in year 1 and 6,400 units in year 2. Depreciation expense in year 2 is: Multiple Choice $11.200 $2.000 $16.800
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