Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. commute, depreciation, expense under units of acti

commute, depreciation, expense under units of activity for 2020, assuming machine usage was 1610...

50.1K

Verified Solution

Question

Accounting

commute, depreciation, expense under units of activity for 2020, assuming machine usage was 1610 hrs. image
image
Concord Compary purchased a new machine on October 1,2020 , at a cost of $115,900. The compary estimated that the machine will have a salvage value of $13,900. The machine is expected to be used for 10,000 working hours during its 5 -vear life. (a) Your answer is correct. Compute the depreciation oxpense under straight-line method for 2020 . (Round answer to 0 decimal ploces, es. 2,125.) Compute the depreciation expense under units-of-activity for 2020 , assuming machine usage was 1,610 hours. (Round intermediate caicalations to 1 decimal place, es 10.1 and final answer to 0 decimol places, es? 2.125) eTextbook and Media Attempts: 2 of 3 used (c) The parts of this question must be completed in order. This part will be available when you complete the part above

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

can someome investigate my program that utilizes semaphores that can result in deadlock due to programming...

Programming
Q

Please describe in full detail, how does culture influence human behavior?

Psychology
Q

Answer the questions and interpret the data. Colleen is the marketing manager for Virtually Viral, an entertainment...

Basic Math
Q

2 Draw a complete shearing force and a bending moment diagram for the for the...

Physics
Q

12 2 3 D 5 6 2 25 45 6 7 11 25 135 Find...

Geometry
Q

Use a calculator to evaluate each function Round your answers to four decimal places Be...

Geometry
Q

P given by P t 20 10te t 3 9 as a model for the...

Calculus
Q

Fide solutionA jeep and BMW enter a highway running east-west at the same exit heading...

Calculus
Q

Find the inverse: f(x) = ln(7x + 3). Present the answer using function notation.

Algebra
Q

A Matrix A and its characteristic polynomial are given Find if possible an invertible Matrix...

Algebra
Q

Find the product and any excluded values 4x 20x 9x 3 xX 5

Algebra
Q

Calculating the debt-to-income ratio on monthly payments for qualified mortgages must be based on the...

Accounting