Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. i need answer asap! a machine with a cost of $74,

I need answer ASAP! A machine with a cost of $74,635.00 has an estimated...

90.2K

Verified Solution

Question

Accounting

image

I need answer ASAP!

A machine with a cost of $74,635.00 has an estimated residual value of $4,625.00 and an estimated life of 5 years or 17,835 hours. It is to be depreciated by the units-of-output method. What is the amount of depreciation for the second full year, during which the machine was used 4,662 hours? Do not round your intermediate calculations. O $28,004.00 O $19,509.30 O $14,002.00 O $18,300.34

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Medical Sciences
1.2K views

Which of these muscles involves any joint: (list the number or highlight the ones that have...

Electrical Engineering
1.2K views

name two statistical distributions that are commonly used to describe the statistical properties of the flat...

Biology
1.2K views

Which of the answer choices below best describes the following diagram Households Businesses One of...

Physics
1.2K views

string is fixed at a and its free end is at x 0 A triangular...

Basic Math
1.2K views

A new dot.com business began with an initial stock offering of $3,000. At the end...

Statistics
1.2K views

2 Construct a 98 confidence interval to test H0 P P2 0 versus H1 P...

Calculus
1.2K views

4 Sketch a possible graph of a function f x that satisfies the following conditions...

Accounting
1.2K views

On July 1 of the current year, West Company purchased for cash, 20,...

Accounting
1.2K views

With a properly executed power of attorney the following individuals may represent a taxpayer before...

Accounting
1.2K views

PLEASE SHOW THE WORK Budgeted Income Statement and Supporting Budgets The budget director of Gold...

Finance
1.2K views

a family had a $145,539 25 year mortgage at 7.5% comppounded monthly please help...

Accounting
1.2K views

Keep-or-Drop-or-Add for Service Firm, Complementary Effects, Traditional Two brothers, Enzo and Pietro, opened the Italian...