Use the Following Information for Questions

question 29

Multiple Choice

Use the following information for questions
On January 1, 2015, Sundry Corp.purchased equipment for $55,000.It was expected to last 8 years, after which it will be sold for $3,000.It is expected to be used for a total of 8,000 machine hours, and was used for 900 hours during the year ended December 31, 2015.
-The depreciation expense for 2015 using the units-of-production method will be

• A)$5,850.
• B)$6,188.
• C)$6,500.
• D)$13,750.

Recognize the role of temperature, volume, and pressure in the behavior of gases.

Understand the relationship between gas mixtures’ composition and their explosive characteristics.

Explain the kinetic molecular theory and its implications for gas behavior.

Calculate changes in gas properties under various conditions using gas laws.

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Definitions:

Return on Investment

The ratio of net profit to cost of investment, indicating the efficiency of an investment in generating profit.

Responsibility Level

The scope of authority and accountability designated to individuals or departments within an organization, often related to budgeting and costs.

Controllable Costs

Costs that can be influenced or changed by management decisions in the short term.

Master Budget

A comprehensive financial planning document that consolidates all of a company’s individual budgets, including sales, production, and expenses, for a specific period.