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brilliants [131]
3 years ago
11

Assume that an asset costing $72,000 is expected to produce 500,000 units and have a salvage value of $6,000. The first year, 90

,000 units are produced; the second year, 82,000 units are produced; the third year, 94,000 units are produced. Using the units-of-production method, complete the following:
Year Depreciation Expense Book Value
0 — $72,000
1 fill in the blank 1 fill in the blank 2
2 fill in the blank 3 fill in the blank 4
3 fill in the blank 5 fill in the blank 6
Business
1 answer:
anyanavicka [17]3 years ago
3 0

Answer:

depreciable value = $72,000 - $6,000 = $66.000

depreciation expense per unit produced = $66,000 / 500,000 units = $0.132 per unit

depreciation expense year 1 = 90,000 x $0.132 = $11,880

depreciation expense year 2 = 82,000 x $0.132 = $10,824

depreciation expense year 3 = 94,000 x $0.132 = $12,408

Year          Depreciation expense          Book value

0                              $0                             $72,000

1                          $11,880                          $60,120

2                         $10,824                         $49,296

3                         $12,408                         $36,888

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Answer:

Bachelor's degree in business management

Explanation:

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5 0
4 years ago
Farmer Brian has 3 acres of land which he farms efficiently. Each acre can support 10 apple trees. However the 3 acres differ in
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Answer:the opportunity cost of growing another apple tree is 2 orange trees

Explanation:

Opportunity cost represents the  value of cost  what must be given up toin order to obtain the best alternative.

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that means he can grows 30 apples  on the 3 acres and 60 oranges at  on the 3 acres. giving us

the opportunity cost of growing an orange tree is

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7 0
3 years ago
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Answer:

Explanation:

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2. Paid monthly rent  - The decrease in equity and decrease in assets (cash)

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4 years ago
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Answer:

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Answer:

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A. They should be more willing to tear down the $5 million stadium, because it cost less to build.

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