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creativ13 [48]
3 years ago
10

5) You purchased a 3D printer for $60,000 that you expect to print 12,000 parts over its lifetime. You printed 2,000 parts in th

e first year. Assume no salvage value for the printer. What is your allowable depreciation for the first year using the Units of Production Method
Business
1 answer:
Iteru [2.4K]3 years ago
4 0

Answer:

Depreciation for the first year is $10,000

Explanation:

Unit production method is the depreciation method which is based on the output per year of the asset. The asset is depreciated by the ratio of the output for the year to the output expected over whole useful life.

Cost of printer = $60,000

Expected output = 12,000 prints

Prints in the first year = 2,000

Depreciation for the year = Total cost x output for the year / expected output over useful life

Depreciation for the first year = $60,000 x 2,000 / 12,000

Depreciation for the first year = $60,000 x 1/6

Depreciation for the first year = $10,000

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The correct answer is B.) The problem of scarcity does not exist.

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The lower of cost or market approach is Blank______ for companies that use Blank______. Multiple choice question. required under
LenaWriter [7]

The lower cost or market approach is (C) required under GAAP for companies that use  LIFO or retail inventory.

<h3>What is market approach?</h3>
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The lower cost or market approach is _____ for companies that use _____.

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<span>A person's debt ratio shows the relationship between debt and net worth. The lower the ratio the better off the person is financially. </span>

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