A Company Purchased a Weaving Machine for $190,000

question 147

Multiple Choice

A company purchased a weaving machine for $190,000.The machine has a useful life of 8 years and a residual value of $10,000.It is estimated that the machine could produce 75,000 bolts of woven fabric over its useful life.In the first year,15,000 bolts were produced.In the second year,production increased to 19,000 units.Using the units-of-production method,what is the amount of accumulated depreciation at the end of the second year?

• A)$48,133.
• B)$45,600.
• C)$86,133.
• D)$23,750.
• E)$81,600.

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Definitions:

Achievement Goals

Objectives related to accomplishing tasks or achieving high standards of performance, which can motivate individuals or determine their approach to tasks.

Putting Effort

The act of applying mental or physical energy towards achieving specific tasks, goals, or outcomes, often associated with determination and hard work.

Little League

A youth sports organization that hosts baseball and softball leagues for children and adolescents.

Inherent Need

A fundamental psychological or physiological requirement essential for the well-being and survival of an individual.