COST ACCOUNTING
BREAK EVEN POINT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Using the formula Cost-Disposal Value = Total DepreciationTotal Depreciation ÷ Lifetime = Depreciation Expense.Choose the right answer to the next Problem:A manufacturer buys a $40, 000 machine (cost) . The manufacturer estimates that the business will use the machine for 10 years (lifetime) and then will sell it for an estimated $8, 000 (this would be the disposal value) . Find the Total Depreciation and the Depreciation expense
|
|
Total Depreciation = $32, 000Depreciation Expense= $3, 200
|
|
|
Total Depreciation = $16, 000Depreciation Expense= $3, 200
|
|
|
Total Depreciation = $15, 000Depreciation Expense= $4, 200
|
Explanation:
There is 1 question to complete.