User Account

All Pages

What is the book value of the machine by the end of the year

Assignment Help Managerial Accounting
Reference no: EM133029306

Question - A machine with a cost of $225,000 has an estimated residual value of $25,000 and an estimated operating hour of 50,000 hours is to be depreciated by the units-of-output method. For the first full year, the machine was used 10,000 hours; what is the book value of the machine by the end of the year?

a. $160,000

b. $185,000

c. $40,000

d. Cannot be determined

Reference no: EM133029306

Questions Cloud

Explain how you would ensure a job position description : Explain how you would ensure a job position description complies with legislative requirements such as the Fair Work Act (2009)
Compare Daniel tax liability : Compare Daniel's tax liability from part B, question 3, with the total amount withheld from his check: $3,900 for the year
Evaluate the company performance : "A memo to the rest of the leadership team at TransGlobal Airlines, identifying strategic objectives and key performance indicators (KPIs) to help evaluate
How have labor unions changed since the 1970s : How have labor unions changed since the 1970s? Given the current state of our economy, do you think unions could become more active in certain industries?
What is the book value of the machine by the end of the year : For the first full year, the machine was used 10,000 hours; what is the book value of the machine by the end of the year
How to use fire extinguisher : 1. What will be the first thing you will do if this happens at your workplace? One hundred words only
Hr professional use to attract new talent : What techniques can an HR professional use to attract new talent? And what characteristics do you believe would determine a talent worth signing for?
What the terminal value based on a perpetuity : Forecasted earnings in years one to three are equal to ROE multiplied by beginning book value. What the terminal value based on a perpetuity
What is the company cost of retained earnings : SAWA Company reported earnings available to common stocks of P 4, 200, 000 last year. What is the company cost of retained earnings

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd