A Company Purchased a Weaving Machine for $190,000

question 26

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

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Definitions:

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.

Physical Barrier

An actual obstruction that limits or impedes access, movement, or visibility, often in an environment or between entities.

Listening

The active process of receiving, interpreting, and responding to verbal and non-verbal messages.