Wickland Company Installs a Manufacturing Machine in Its Production Facility

question 160

Multiple Choice

Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $87,000.The machine's useful life is estimated to be 5 years,or 400,000 units of product,with a $7,000 salvage value.During its second year,the machine produces 84,500 units of product.Determine the machines' second year depreciation under the units-of-production method.

• A)$16,900.
• B)$16,000.
• C)$17,400.
• D)$18,379.
• E)$20,880.

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Definitions:

Control Groups

Groups in experiments that do not receive the experimental treatment, allowing researchers to assess the treatment's effect by comparing it against this baseline.

Experimental Groups

Groups in an experiment that receive the treatment or variable being tested, allowing researchers to assess its effects.

Representative Sample

A part of a population that accurately represents the entire group's composition.

Observer Effect

The phenomenon where the act of observation alters the behavior of the observed subject or the outcome of an experiment.