Mohr Company purchases a machine at the beginning of the year at a cost of $28,000. The machine is depreciated using the units-of-production method. The company estimates it will use the machine for 5 years, during which time it anticipates producing 52,000 units. The machine is estimated to have a $2000 salvage value. The company produces 9400 units in year 1 and 6400 units in year 2. Depreciation expense in year 2 is:
A. $2000.
B. $16,800.
C. $11,200.
D. $3200.
E. $5200.
Answer: D
You might also like to view...
What is a sustainability vision?
What will be an ideal response?
All of the following are true statements about aggressive behavior EXCEPT ______.
A. aggressive behavior can have many forms B. aggressive behavior can be more indirect and more passive C. is rare in the workplace D. aggressive behaviors are conscious actions that hurt or injure
When parties make international agreements, they can incorporate as a term of the agreement their choice of which nation's court will hear any disputes arising under the agreement
Indicate whether the statement is true or false
For an antitrust action to be sustained under Section 2 of the Sherman Act, the defendant must
possess monopoly power in the relevant market. Indicate whether the statement is true or false