1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Bess [88]
3 years ago
15

B Company switched from the sum-of-the-years-digits depreciation method to straight-line depreciation in 2018. The change affect

s machinery purchased at the beginning of 2016 at a cost of $83,700. The machinery has an estimated life of five years and an estimated residual value of $4,185. What is B's 2018 depreciation expense?
a. $15,903
b. $21.204.
c. $22.320
d. $10,602.
Business
1 answer:
ad-work [718]3 years ago
6 0

Answer:

correct option is d. $10,602.

Explanation:

given data

beginning of 2016  cost = $83,700

time period = 5 year

estimated residual value = $4,185

solution

we use here  sum of years digit that will be

sum of years = 5+4+3+2+1

sum of years = 15

so here

Year  2016

Depreciation = $83,700 - $4,185

base remaining   = $79515

Life  = 5

depreciation before change of accounting  = \frac{5}{15} \times 79515  

depreciation before change of accounting  = $26505

and

Year  2017

Depreciation = $83,700 - $4,185

base remaining   = $79515

Life  = 4

depreciation before change of accounting  = \frac{4}{15} \times 79515  

depreciation before change of accounting  = $21204

so here total depreciation before change of accounting policy is

total depreciation =  $26505 + $21204

total depreciation =  $47709

and

so Net value of asset at start of 2018 = $79515 - $47709

Net value of asset at start of 2018  = $31806

and

Straight line depreciation for 2018 = $31806 ÷ 3

Straight line depreciation for 2018 = $10602

so correct option is d. $10,602.

You might be interested in
What is the formula for wacc?
IrinaVladis [17]

Answer:

See attached image.

Explanation:

6 0
3 years ago
A newly launched twenty-first century addition to production strategy which leverages lean manufacturing strategies, Six Sigma b
victus00 [196]

Answer:

Adaptive manufacturing

Explanation:

Based on the information provided within the question it can be said that the production strategy that is being mentioned is called Adaptive manufacturing. This uses many practices in order to develop, produce, and deliver products with high demand, while also efficiently managing and using all the existing resources that the company has at it's disposal.

5 0
3 years ago
Read 2 more answers
The expansion of global markets is a major factor in developing global information systems to handle _____ demands of integrated
Ad libitum [116K]

Answer:

the fill in the blank answer is: the customer's

Explanation:

6 0
2 years ago
Jason jones has been asked to assemble an eight-member self-managed work team of experienced employees to work on a project that
Jlenok [28]

Answer:

Explanation:

Align and Track Organizational, Team, and Individual Goals with Frequent Check-Ins. Provide Managers The Tools To Give Feedback While Creating A Culture Of Happier Employees. Real-Time Coaching. Recognition & Rewards. Pulse Suveys. Features: Check-Ins, Sync-Ups.

6 0
2 years ago
Extremely powerful thunderstorms that develop intense rotating updrafts are
Deffense [45]
Extremely powerful thunderstorms that develop intense rotating updrafts are known as super cells.
8 0
3 years ago
Other questions:
  • What position would you call a person who works in the recreation part of a nursing home??
    12·1 answer
  • What is an indicator of increased economic growth in a nation?
    15·1 answer
  • Use the following scenario and data for all questions During lunch time, customers arrive at a postal office at a rate of per ho
    15·1 answer
  • What is the most common threat to information security in an organization??
    8·1 answer
  • Procter & Gamble's June 30, 2016, financial statements reported the following (in millions): Cash, beginning of year $ 6,836
    12·2 answers
  • A well-known fast food restaurant chain was interested in how satisfied the employees were in working for the company. They deci
    11·1 answer
  • Ms. Calhoun is age 48 and single. What is the maximum contribution that she can make to a Roth IRA if her AGI consists of an $89
    5·1 answer
  • A marketing manager must decide on the size of the survey sample to be used in order to estimate the proportion of customers who
    6·1 answer
  • gayla quickly arranged to sell riha's car to a denver public school official; the signature on the auto's title assignment appea
    7·1 answer
  • What would be the expected rate of return for each company, according to the capital asset pricing model (capm)?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!