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Vinil7 [7]
3 years ago
5

A concrete and rock crusher for demolition work has been purchased for ​$50,000​, and it has an estimated SV of ​$10,000 at the

end of its​ five-year life. Engineers have estimated that the following units of production​ (in m3 of crushed​ material) will be contracted over the next five years. Using the units of production depreciation​ method, what is the depreciation allowance in year two​, and what is the BV at the end of year two​?
Business
1 answer:
solong [7]3 years ago
5 0

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

A concrete and rock crusher for demolition work has been purchased for ​$50,000​, and it has an estimated SV of ​$10,000 at the end of its​ five-year life.

Annual depreciation= [(original cost - salvage value)/useful life of production in units]*units produced

Book value= Original cost - accumulated depreciation

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1 year ago
The exit of existing firms from a competitive market will a. decrease market supply and increase market price. b. decrease marke
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Answer:

The correct answer is option A.

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2 years ago
Brooks Corporation has a Food Services department that provides food for employees in all other departments of the company. For
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Answer:

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The computation of the amount that should be charged for the other department is shown below:

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= $60,000

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So the same would be relevant

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2 years ago
Irene wants to start a business selling t-shirts. irene's top priority is that she alone has complete control over management de
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3 years ago
During the year, Mark reports $90,000 of active business income from his law practice. He also owns two passive activities. From
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Answer:

b. $90,000 with a $10,000 loss carryover

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