The School of Athens represents all the greatest mathematicians, philosophers and scientists from classical antiquity gathered together sharing their ideas and learning from each other. These figures all lived at different times, but here they are gathered together under one roof.

Explanation:

3 0

3 years ago

Read 2 more answers

Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $103,000.

Mademuasel [1]

Answer:

$15,360

Explanation:

1. Calculate the depreciation per unit produced:

Depreciation can be established in terms of time or units produced.

In this case, since you know the number of units of products produced during the second year of machine's use, your are interested in establishing deprectiation in terms of the number of units produced.

You are given:

useful life: 210,000 units
salvage value: $7,000
purchase cost: $103,000

Straight-line depreciation:

Depreciation = [purchase cost - salvage value] / (number of units)

Depreciation = [$103,000 - $7,000] / (210,000 untis)

Depreciation = $16/(35units)

2) Calculate the depreciation of 33,600 units

During its second year the machine produces 33,600 units of product; thus, the corresponding depreciation is:

Depreciation = 33,600 units × $16/(35 units) = $15,360

5 0

3 years ago