Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. i need the answer for part c please can you help m

I need the answer for part C please can you help me with this question?...

70.2K

Verified Solution

Question

Accounting

I need the answer for part C please can you help me with this question?

Bramble Company purchased a new machine on October 1, 2020, at a cost of $111,500. The company estimated that the machine will have a salvage value of $11,500. The machine is expected to be used for 10,000 working hours during its 4-year life.Compute the depreciation expense under units-of-activity for 2020, assuming machine usage was 1,870 hours. Compute the depreciation expense under declining-balance using double the straight-line rate for 2020 and 2021.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Exercise 9 – Writing values from a list into a file Complete the function design for...

Programming
Q

Explain the meaning of modulus of uniformity of a feedstuff or mixed feed. Explain the meaning and...

Biology
Q

Address how gender identity is formed, the scientific evidence for the differences between the genders, and...

Psychology
Q

Question 1 Clinton Public Company Limited placed an advertisement on their web page as follows; “Anyone...

General Management
Q

Which statement is false about respiratory tract infections a Immunisation does not provide complete protection...

Biology
Q

Your classmate makes the following statement For a head on elastic collision between two object...

Physics
Q

1 In the fusion reaction H H He ont The masses of deutrons helium and...

Physics
Q

7 Farmers have discovered that the more domestic chickens peck at objects placed in their...

Statistics
Q

f x x 1 x 2 x 1 and g x x 2 x 3...

Algebra
Q

How would I solve this Ultra Day Spa provided $87,750 of services during Year 1....

Accounting
Q

16-21 PROBLEMS Baretta Corp. owns 100 percent of the stock 30. A cash-method corporation adopts...

Accounting
Q

A pottery factory purchases a continuous belt conveyor kiln for $67,000. A 7.2% APR loan...

Finance