A Company Purchased a Weaving Machine for $190,000

question 174

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 book value of the machine at the end of the second year?

• A) $81,600.
• B) $190,000.
• C) $180,000.
• D) $144,400.
• E) $108,400.

Comprehend the value of lifelong learning and development in the helping profession.

Understand the role and impact of various counseling theories and practices.

Recognize the significance of ethical decision-making and integrity in the helping profession.

Acknowledge the importance of balancing personal and professional life in the helping field.

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Definitions:

Māori Art

entails the visual and performing arts originating from the indigenous Māori people of New Zealand, featuring unique designs, carvings, and tattoos.

Civic Development

The process by which individuals become aware of their rights, duties, and roles within a community, fostering participation and engagement.

Educational Philosopher

A thinker concerned with the nature, aims, and problems of education, contributing theories or concepts influencing educational practices.

John Dewey

An American philosopher, psychologist, and educational reformer whose ideas have been influential in education and social reform.