Swift company purchased a machine on january 1, 2016, for $900,000. at the date of acquisition, the machine had an estimated useful life of six years with no salvage. the machine is being depreciated on a straight-line basis. on january 1, 2019, swift determined, as a result of additional information, that the machine had an estimated useful life of eight years from the date of acquisition with no salvage. an accounting change was made in 2019 to reflect this additional information. what is the amount of depreciation expense on this machine that should be charged in swift's income statement for the year ended december 31, 2019? 1. $225,0002. $90,0003. $112,5004. $180,000

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Sauer food company has decided to buy a new computer system with an expected life of three years. the cost is $440,000. the company can borrow $440,000 for three years at 14 percent annual interest or for one year at 12 percent annual interest. assume interest is paid in full at the end of each year. a. how much would sauer food company save in interest over the three-year life of the computer system if the one-year loan is utilized and the loan is rolled over (reborrowed) each year at the same 12 percent rate? compare this to the 14 percent three-year loan.

The direct labor budget of yuvwell corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: 1st quarter 2nd quarter 3rd quarter 4th quarterbudgeted direct labor-hours 11,200 9,800 10,100 10,900the company uses direct labor-hours as its overhead allocation base. the variable portion of its predetermined manufacturing overhead rate is $6.00 per direct labor-hour and its total fixed manufacturing overhead is $80,000 per quarter. the only noncash item included in fixed manufacturing overhead is depreciation, which is $20,000 per quarter. required: 1. prepare the company’s manufacturing overhead budget for the upcoming fiscal year.2. compute the company’s predetermined overhead rate (including both variable and fixed manufacturing overhead) for the upcoming fiscal year.