Compatibility Services Acquired an $80,000 Machine on January 1,20X3

question 72

Multiple Choice

Compatibility Services acquired an $80,000 machine on January 1,20X3.The machine is estimated to have a useful life of 8 years,and a residual value of $4,000.For units-of-production depreciation purposes,the machine is expected to produce 400,000 units.Compatibility Services uses units-of-production depreciation,and the company produces 40,000 units in 20X3,what will be the depreciation expense for 20X3?

• A)$5,760
• B)$6,400
• C)$15,200
• D)$8,000
• E)$7,600

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Definitions:

Highly Cohesive Teams

Groups of individuals who exhibit a strong sense of unity and commitment towards achieving shared goals, often resulting in higher productivity and morale.

Organizational Goals

Objectives or targets that a business or organization aims to achieve, guiding its strategic planning and actions.

Team Norms

Shared guidelines or rules of conduct within a team that dictate the acceptable behavior of team members.

Reinforcement

In psychology, the process of encouraging or establishing a pattern of behavior by offering rewards or consequences.