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andreev551 [17]
1 year ago
12

The company acquired a machine on January 1 at an original cost of $ 81,000. The machine’s estimated residual value is $ 15,000,

and its estimated life is 20,000 service hours. The actual usage of the machine was as follows:
Year 1 9,000 hours
Year 2 5,000 hours
Year 3 4,000 hours
Year 4 2,000 hours
Business
1 answer:
sveta [45]1 year ago
7 0

Explanation:

The company acquired a machine on January 1 at an original cost of $ 81,000. The machine’s estimated residual value is $ 15,000, and its estimated life is 20,000 service hours. The actual usage of the machine was as follows:

Year 1 9,000 hours

Year 2 5,000 hours

Year 3 4,000 hours

Year 4 2,000 hours

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If there is little demand for a product, the price for that product will
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