A Machine Originally Had an Estimated Useful Life of 6

question 2

Multiple Choice

A machine originally had an estimated useful life of 6 years,but after 4 complete years,it was decided that the original estimate of useful life should have been 10 years.At that point the remaining cost to be depreciated should be allocated over the remaining:

• A)2 years.
• B)4 years.
• C)6 years.
• D)16 years.
• E)10 years.

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Definitions:

Assigns Jobs

The act of allocating or designating work tasks to individuals or groups based on criteria such as skills, availability, or strategic importance.

Work Centres

Specific locations, machines, or groups of machines within a manufacturing facility where distinct types of processes are performed.

Assignment Method

The assignment method is a mathematical technique used for allocating resources or tasks to units in an efficient manner, often used in operations research.

Job-Machine Combination

A matching process in operations management that involves assigning specific jobs to specific machines or workstations, optimizing for efficiency and output.