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Rita pita company bought a new dough machine at thebeginning of the yar at ta cost of $7600. the estimated useful lifewas four years and the residual value was $800. assume that theestimated productive life of the machines was 10000 hours. actualannual usage was 3500 hours in year 1. 3200 hours in year
2. 2200hours in year
3. 1100 in years
4. complete a separeate depreciation schedule for each of thealternative methods. u can round your answers to nearsdollar.
a. stright line
b. units of production
c. double delining balance method:
year computation depreciationexpense accumulationexpense net book value 2.assuming that the machine was used directly in theproduction of one of the products that the company manufactures andsells, what factors might managment consider in selecting a preferable depreciation method in conformity with the matching principle?
Under IFRS, the following is true of the operating section of the statement of cash flows:
dec 13 accepted a 16000 45 day 8 note december 13 in granting miranda lee a time extension on her past dut account
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The amount of unrealized intercompany profit in ending inventory at December 31, 2006 that should be eliminated in the consolidation process is:
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