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Use the following data for questions 10 through 17. Each question is independent of the other questions.
Sawyer Corporation has a machine (Machine A) that it acquired on 1/1/14 for $540,000. On 12/31/14 such machines have a selling price and fair value of $621,000. When used in production, such machines have an estimated useful life of 10 years with no salvage value. Use the straight-line method.
Brown Corporation has a machine (Machine B) that it acquired on 1/1/14 for $729,000. On 12/31/14 such machines have a selling price and fair value of $540,000. When used in production, such machines have an estimated useful life of 10 years with no salvage value. Use the straight-line method.
On 12/31/14 Brown gave Machine B plus $81,000 cash to Sawyer in return for
Machine A.
-Depreciation Methods.A high-speed multiple-bit drill press costing $960,000 has an estimated salvage value of $80,000 and a life of ten years. What is the annual depreciation for each of the first two full years under the following depreciation methods?1. Double-declining-balance method: a. Year one, $______________. b. Year two, $______________.2. Units of production (activity) method (lifetime output is estimated at 110,000 units; the press produced 12,000 units in year one and 18,000 in year two): a. Year one, $______________. b. Year two, $______________.3. Sum-of-the-years'-digits method: a. Year one, $______________. b. Year two, $______________.4. Straight-line depreciation method: a. Year one, $______________. b. Year two, $______________.
Personnel Psychologists
Psychologists specialized in the study of workplace behavior, focusing on employee recruitment, selection, performance, and training.
Operant Conditioning
A paradigm in learning where the expression of a behavior is directed by securing rewards or enacting punishments.
360-Degree Feedback
A performance appraisal method that gathers feedback from a worker's supervisors, peers, subordinates, and sometimes clients.
Task Leadership
A style of leadership that focuses primarily on the accomplishment of tasks and objectives, ensuring that team members have clear roles and goals.
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