Marshall Company purchases a machine for $800,000. The machine has an estimated residual value of $40,000. The company expects the machine to produce two million units. The machine is used to make 400,000 units during the current period.If the units-of-production method is used, the depreciation rate is:
A. $0.10 per unit.
B. $2.00 per unit.
C. $1.90 per unit.
D. $0.38 per unit.
Answer: D
You might also like to view...
A member of a sales team speaks out against an intentionally unethical treatment of a customer even though the other members of the team strongly encourage silence. This person is likely to have ______.
a. a low moral awareness b. a high moral identity c. ambiguous ethical beliefs d. low ethical intuition
Universal life insurance combines the features of:
A) Ordinary life and straight life. B) Whole life and annuity life. C) Limited-payment life and whole life. D) Whole life and term life. E) Whole life and ordinary life.
Which of the following statements about debt is false?
I. Interest payments reduce the scope for waste by management. II. Debt creates the possibility of bankruptcy. III. Debt increases the tendency of shareholders to take gambles. IV. Debt reduces the cash flows that go to government. A) I B) II C) III D) IV E) None of the statements are false.
A high degree of involvement in, identification with, or commitment to one's job or profession is a necessary prerequisite for burnout.
Answer the following statement true (T) or false (F)