Minor Company Installs a Machine in Its Factory at the Beginning

question 37

Multiple Choice

Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000.The machine's useful life is estimated to be 5 years,or 300,000 units of product,with a $15,000 salvage value.During its first year,the machine produces 64,500 units of product.Determine the machines' first year depreciation under the straight-line method.

• A)$27,000.
• B)$29,025.
• C)$25,800.
• D)$23,779.
• E)$24,000.

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Definitions:

Organizational Shortcomings

Specific areas or aspects within an organization where performance or effectiveness is lacking or inadequate.

Recruitment

The process of attracting, screening, and selecting qualified people for a job at an organization or firm.

Incentive Program

a system designed to motivate and reward employees, partners, or customers for achieving specific goals or desired behaviors.

Sales Performance Criteria

The standards or benchmarks used to evaluate the effectiveness and outcomes of sales activities and efforts.