A Copy Machine Acquired with a Cost of $1,410 Has

question 154

Essay

A copy machine acquired with a cost of $1,410 has an estimated useful life of four years. It is also expected to have a useful operating life of 13,350 copies. Assuming that it will have a residual value of $75, determine the depreciation for the first year by the following methods:
(a)Straight-line
(b)Double-declining-balance
(c)Units-of-activity method (4,500 copies were made the first year)?

---

Definitions:

Rebranding

A marketing strategy in which a new name, term, symbol, design, or a combination thereof is created for an already established brand with the intention of developing a new, differentiated identity in the minds of consumers, investors, and competitors.

Brand Equity

The value a brand adds to a product, including how well-known and regarded the brand is among consumers.

Brand Image

The perception of a brand in consumers' minds, constructed by branding efforts, media, and consumer experiences, reflecting the brand's identity, values, and promise.

Co-Branding Strategy

A partnership between two or more brands to jointly market a product or service, leveraging the strengths of each to reach a broader audience.