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
sashaice [31]
2 years ago
6

A machine costing $450,000 with a four-year life and an estimated $30,000 salvage value is installed by Lux Company on January 1

. The factory estimates the machine will produce 1,050,000 units of product during its life. It actually produces the following units for the first 2 years: year 1, 260,000; year 2, 275,000. What is the depreciation amount for year 2 under the double declining balance method
Business
1 answer:
Tasya [4]2 years ago
4 0

Answer:

$112,500

Explanation:

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life)  

Depreciation expense in year 1 = 2/4 x $450,000 = $225,000

Book value at the beginning of year 2 =  $450,000 - $225,000 =  $225,000

Depreciation expense in year 2 = 2/4 x $225,000 = $112,500

You might be interested in
Components inc., a maker of vehicle parts, refuses to sell to diy repair inc., a national vehicle service firm. the maker convin
zloy xaker [14]

Components inc., a maker of vehicle parts, refuses to sell to diy repair inc., a national vehicle service firm. the maker convinces the engine parts company, a competitor, to do the same. this is a group boycott.

Under competition law, a group boycott is a type of secondary boycott, unless two or more competitors in the relevant market agree to deal with an actual or potential competitor of the boycotting firm. Refuse to do business with the company.

Example: The FTC challenged the actions of several groups of competing health care providers, such as physicians, and refused to do business with insurance companies or other purchasers on terms other than those mutually agreed upon. That amounted to a group boycott of the illegal group.

Learn more about group boycott here: brainly.com/question/13894564

#SPJ4

3 0
1 year ago
This is a sum of numbers that accumulates with each iteration of a loop. A. Running total B. Final total C. Grand finale D. Gall
kicyunya [14]

Answer:

The correct answer is A. Running total.

Explanation:

The accumulated total can be expressed as a numerical value or a percentage. In Reporter reports, you can calculate a cumulative total for more than one category.

For example, you can create a report that shows the income for each of the last four quarters. The accumulated total will show the total income at the end of each quarter. If you add a cumulative total as a percentage of the total sold, you can see the percentage of year-round sales achieved at the end of the quarter.

7 0
2 years ago
The anticipation of the first blooms of spring flowers is one of the joys of april. one of the most beautiful is that of the jap
Inga [223]
<span>on a journey of life discovery, abandoning the way of life that his father would have preferred. Mr Yamada always dreamed that his son would follow in his footsteps and become an expert gardener, but Hiro, to his father's great dismay, had other plans. Little did Mr. Yamada know, his son Hiro's calling was not too different than his father's vision for his son. Hiro's calling and desire to explore all things scientific would eventually lead him to be the greatest agricultural scientist of his time. His discoveries and inventions would allow for, among many other things, the cultivation of the most spectacular cherry tree blossoms ever seen.</span>
5 0
2 years ago
A brief description of the key points of the business plan
Elan Coil [88]
No more than two pages and should include the most important information from each section of the plan. it should open with a compelling story to persuade the reader that the business is going to succeed. then it should support the statement gathered through market research.
4 0
3 years ago
The management of Metro Printers is considering a proposal to replace some existing equip- ment with a new highly efficient lase
Veseljchak [2.6K]

Answer:

Net present value of proposal $168,166

Explanation:

Check attachment

3 0
3 years ago
Other questions:
  • If a document is View-Only, what must you do first before you
    12·1 answer
  • Castle Company provides estimates for its uncollectible accounts. The allowance for uncollectible accounts had a credit balance
    6·1 answer
  • A CPA issued an unqualified opinion on the financial statements of a company that sold common stock in a public offering subject
    11·1 answer
  • the cost object(s) of the activity-based costing method is(are): Multiple Choice The unit of product. The production departments
    11·1 answer
  • Which of these describes a situation in which people have to make a co-pay? A. When they visit a doctor B. When they get their c
    11·1 answer
  • Shelby's new job with the federal government provides a comfortable income and a fairly stable income. she would like to buy a n
    6·1 answer
  • The gross rent multiplier is used as a guideline for estimating value based on ___.
    15·1 answer
  • Zappos' product selection includes performance athletic shoes, outdoor coats, contemporary shirts, couture accessories, and more
    8·1 answer
  • What kind of network might you have at home?
    14·2 answers
  • the stock price jumps twice in a given year. if it jump up, it goes up by 10%, if it goes down, it goes down by 20%. the stock i
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!