subject
Business, 06.05.2020 06:02 amorenextdoor

Fancy Frappucinno purchased a coffee drink machine on January 1, 2018, for $ 39,000. Expected useful life is 10 years or 150,000 drinks. In 2018, 4,000 drinks were sold, and in 2019, 15,000 drinks were sold. Residual value is $ 9,000.
Required:
1. Determine the depreciation expense for 2018 and 2019 using the following methods:
(a) Straight-line (SL), (b) Units of production (UOP), and (c) Double-declining-balance (DDB).
2. For each method (starting with (a) the straight-line method), select the appropriate formula needed to compute annual depreciation and then determine depreciation expense under that method for 2018 and 2019.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 22:40, kharmaculpepper
Rolston music company is considering the sale of a new sound board used in recording studios. the new board would sell for $27,200, and the company expects to sell 1,570 per year. the company currently sells 2,070 units of its existing model per year. if the new model is introduced, sales of the existing model will fall to 1,890 units per year. the old board retails for $23,100. variable costs are 57 percent of sales, depreciation on the equipment to produce the new board will be $1,520,000 per year, and fixed costs are $1,420,000 per year. if the tax rate is 35 percent, what is the annual ocf for the project?
Answers: 1
image
Business, 23.06.2019 00:00, AaronMicrosoft15
Winston churchill's stamp collection was valued at $14 million when he died. at auction, it brought in only $4 million. what was it worth? why?
Answers: 3
image
Business, 23.06.2019 12:30, quinshayewilli3329
Max maxwell's property is assessed at $412,500. he pays $5775.00 in property taxes, what is the property tax rate in his city?
Answers: 1
image
Business, 23.06.2019 23:00, aide1234564
What is marginal costs and benefits might a tour boat operator consider when deciding whether to purchase a new boat?
Answers: 2
You know the right answer?
Fancy Frappucinno purchased a coffee drink machine on January 1, 2018, for $ 39,000. Expected useful...

Questions in other subjects:

Konu
Mathematics, 12.07.2019 13:30
Konu
Mathematics, 12.07.2019 13:30
Konu
Mathematics, 12.07.2019 13:30
Konu
Mathematics, 12.07.2019 13:30
Konu
Social Studies, 12.07.2019 13:30