Minor Company Installs a Machine in Its Factory at the Beginning

question 232

Multiple Choice

Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machine's useful life is estimated to be 5 years, or 300,000 units of product, with a $15,000 salvage value. During its first year, the machine produces 64,500 units of product.
-What journal entry would be needed to record the machines' first year depreciation under the units-of-production method?

• A) Debit Depletion Expense $29,025; credit Accumulated Depletion $29,025.
• B) Debit Depreciation Expense $25,800; credit Accumulated Depreciation $25,800.
• C) Debit Amortization Expense $24,000; credit Accumulated Amortization $24,000.
• D) Debit Depletion Expense $25,800; credit Accumulated Depletion $25,800.
• E) Debit Depreciation Expense $29,025; credit Accumulated Depreciation $29,025.

Describe how plants compartmentalize and utilize toxic compounds for defense without harming themselves.

Explain the hypersensitive response and systemic acquired resistance in plant defense.

Identify the role of specific secondary metabolites and enzymes in plant defense against herbivores and pathogens.

Appreciate the evolutionary aspect of plant defense mechanisms and their variability across species.

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.