A New Machine Is Expected to Produce 60,000 Units of Product

question 51

Essay

A new machine is expected to produce 60,000 units of product during its 5-year life.The machine cost $180,000 and is estimated to have a $20,000 residual value.If the machine produces 7,200 units of product during its first year,what is the depreciation for the year calculated by the units-of-production method (round rate to 2 decimals)?

---

Definitions:

Sister Chromatids

Identical copies of a chromosome, connected by a centromere, that are created during DNA replication and separated during cell division.

Anaphase II

A phase of meiosis II where sister chromatids are separated and moved to opposite poles of the cell, leading to the formation of four haploid daughter cells.

Metaphase II

A phase of meiosis II where the chromosomes align at the metaphase plate, similar to metaphase in mitosis, but this process occurs in a haploid set of chromosomes.

Meiosis

Process in which a 2n cell undergoes two successive nuclear divisions (meiosis I and meiosis II), potentially producing four n nuclei; leads to the formation of gametes in animals and spores in plants.