A company purchased a weaving machine for $190,000. The machine has a useful life of 8 years and a residual value of $10,000. It is estimated that the machine could produce 75,000 bolts of woven fabric over its useful life. In the first year, 15,000 bolts were produced. In the second year, production increased to 19,000 units. Using the units-of-production method, what is the amount of accumulated depreciation at the end of the second year?
A. $48,133.
B. $81,600.
C. $45,600.
D. $23,750.
E. $86,133.
Answer: B
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A. future salary amounts. B. future benefit amounts. C. current benefit amounts. D. current salary amounts.
Which of the following is not one of the factors listed in the text for why integrative negotiation is difficult to achieve?
A. the belief an issue can only be resolved distributively B. longtime perspectives C. the mixed-motive nature of most bargaining situations D. the history of the relationship between the parties
Harrod Company paid $4,800 for a 4-month insurance premium in advance on November 1, with coverage beginning on that date. The balance in the prepaid insurance account before adjustment at the end of the year is $4,800 and no adjustments had been made previously. The adjusting entry required on December 31 is:
A. Debit Insurance Expense, $2,400; credit Prepaid Insurance, $2,400. B. Debit Prepaid Insurance, $2,400; credit Insurance Expense, $2,400. C. Debit Prepaid Insurance, $1,200; credit Insurance Expense, $1,200. D. Debit Insurance Expense, $1,200; credit Prepaid Insurance, $1,200. E. Debit Cash, $4,800; Credit Prepaid Insurance, $4,800.
Work closely with ____________ when you need a special illustration
a. your readers b. other writers c. graphics specialists d. your supervisor