subject
Business, 18.03.2021 23:50 hh23135

The cost of equipment purchased by Concord, Inc., on June 1, 2020, is $98,700. It is estimated that the machine will have a $6,300 salvage value at the end of its service life. Its service life is estimated at 7 years, its total working hours are estimated at 46,200, and its total production is estimated at 616,000 units. During 2020, the machine was operated 6,360 hours and produced 58,300 units. During 2021, the machine was operated 5,830 hours and produced 50,800 units. Compute depreciation expense on the machine for the year ending December 31, 2020, and the year ending December 31, 2021, using the following methods.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 17:40
Within the relevant range, if there is a change in the level of the cost driver, then a. total fixed costs will remain the same and total variable costs will change b. total fixed costs will change and total variable costs will remain the same c. total fixed costs and total variable costs will change d. total fixed costs and total variable costs will remain the same
Answers: 3
question
Business, 22.06.2019 18:20
Now ray has had the tires for two months and he notices that the tread has started to pull away from the tire. he has already contacted the place who sold the tires and calmly and accurately explained the problem. they didn’t him because they no longer carry that tire. so he talked with the manager and he still did not get the tire replaced. his consumer rights are being violated. pretend you are ray and write a letter to the company’s headquarters. here are some points to keep in mind when writing the letter: include your name, address, and account number, if appropriate. describe your purchase (name of product, serial numbers, date and location of purchase). state the problem and give the history of how you tried to resolve the problem. ask for a specific action. include how you can be reached.
Answers: 3
question
Business, 23.06.2019 00:30
It's possible for a debt card transaction to bounce true or false
Answers: 1
question
Business, 23.06.2019 02:00
When making a major purchase, i often spend months to learn all the issues?
Answers: 3
You know the right answer?
The cost of equipment purchased by Concord, Inc., on June 1, 2020, is $98,700. It is estimated that...
Questions
question
Mathematics, 02.09.2019 10:30
question
Mathematics, 02.09.2019 10:30
question
Social Studies, 02.09.2019 10:30