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Tomisa Company Has a Machine with a Cost of $90,000

question 79

Essay

Tomisa Company has a machine with a cost of $90,000. It has a salvage value of $11,000 and a useful life of 8 years or 75,000 units of production. It was purchased on January 1, 2011. It produced 8,500 units in 2011. To the nearest dollar, what will be the depreciation expense for 2011 using:
A. straight-line depreciation?
B. double-declining-balance depreciation?
C. units-of-production depreciation?
$__________ Straight-line depreciation
$__________ Double-declining-balance depreciation
$__________ Units-of-production depreciation


Definitions:

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The perspectives and behaviors that reflect an individual's chosen way of living, often associated with personal values and priorities.

Employee Resistance

Opposition by employees to changes proposed by management, often due to fear of the unknown or perceived negative impacts.

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The scope, range, or extent of authority or responsibility officially assigned to a person or organization.

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Organizations characterized by a decentralized structure, flexibility, and an emphasis on aesthetics and culture over uniform efficiency, reflecting postmodernist ideals.

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