Cesario corporation purchases a machine for $125,000. it has an estimated salvage value of $10,000 and is expected to produce 50,000 units in its lifetime. during the first year of operation, it produced 14,500 units. to the nearest dollar, the depreciation for the first year under the units of production method will be:

$33,350

Explanation:

The computation of the depreciation expense under the units of production method is shown below:

= (Original cost - residual value) ÷ (estimated production units)

= ($125,000 - $10,000) ÷ (50,000 units)

= ($115,000) ÷ (50,000 units)

= $2.3 per unit

Now for the first year, it would be

= Production units in first year × depreciation per unit

= 14,500 units × $2.3 per unit

= $33,350

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the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.