Estimate this difference, It actually produces the

Estimate this difference

Assignment Help Financial Accounting

Reference no: EM13142342

A machine costing $270,000 with a four-year life and an estimated $50,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 500,000 units of product during its life. It actually produces the following units: year 1, 128,000; year 2, 130,000; year 3, 126,000; and year 4, 124,500. The total number of units produced by the end of year 4 exceeds the original estimate—this difference was not predicted.

Reference no: EM13142342

Questions Cloud

Find number of cards in sample for which correctly guesses : Estimate the number of cards in the sample for which Clara correctly guesses the suit by giving the mean of the relevant distribution (that is, the expectation of the relevant random variable). Do not round your response.

Revenue at the point of shipment : ABC Company recognises revenue at the point of shipment. Management decides to increase sales for the current quarter by filling all customer orders. Explain what impact this decision will have on the following:

Determining statement of cash flows : Prepare the operating activities section of the statement of cash flows for the year ended December 31, 2010 , Pervival Company using the INDIRECT METHOD

Why are coliforms used as indicators organisms : Why are coliforms used as indicators organisms if they are not usually pathogens?

Estimate this difference : It actually produces the following units: year 1, 128,000; year 2, 130,000; year 3, 126,000; and year 4, 124,500. The total number of units produced by the end of year 4 exceeds the original estimate—this difference was not predicted.

Why might a laboratory use dideoxyribonucleotides : Why might a laboratory use dideoxyribonucleotides? to produce cDNA from mRNA to separate DNA fragments to sequence a DNA fragment to clone the breakpoints of cut DNA to visualize DNA expression.

Why is the capital expenditure budgeting process important : Why is the capital expenditure budgeting process important? What concepts should be considered when evaluating a capital expenditure? What do you feel is the most important factor when considering a capital expenditure proposal?

Computing bond intrest expense over bond life : Sears issuses 4.5% five-year bonds dated january 1, 2010, with $230,000 par value. The bonds pay intrest on june and december 31 and are issued at a price of $235,160. The annual market rate is 4% on the issued date. Calculate the total bond intre..

How many grams of magnesium metal will react : How many grams of magnesium metal will react completely with 4.8 liters of 5.0 M HCl?

User Account

All Pages