A Company Purchased a Weaving Machine for $190,000

question 82

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 depreciation expense that should be recorded for the second year?

• A)$48,133.
• B)$45,600.
• C)$22,500.
• D)$23,750.
• E)$81,600.

Recognize the significance of pleasure and hedonism in human behavior and motivation.

Identify the role of novelty, curiosity, and arousal in driving human behavior.

Describe the various theories related to hedonism and motivation.

Associate sensory experiences with cognitive and emotional outcomes.

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Definitions:

Variable Costs

Outgoings that vary precisely in accordance with the quantity of production or output.

Fixed Costs

Constant expenses that remain stable regardless of changes in the business activity level, playing a crucial role in budgeting and financial planning.

Variable Cost

Costs that change in proportion to the volume of goods or services produced.

Trucking Department

A division within a company that is responsible for the transportation and delivery of goods, typically using trucks.