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Q: On January 1, 2013, Zane Manufacturing Company purchased a machine for \$40,000. The company expects to use the machine a total of 24,000 hours over the next 6 years. The estimated sales price of the
machine at the end of 6 years is \$4,000. The company used the machine 8,000 hours in 2013 and 12,000 in 2014. What is depreciation expense for 2014 if the company uses units - of - production depreciation? 61) A) \$9,000 B) \$18,000 C) \$10,000 D) \$6,000
A: D. \$6000 is the declining balance depreciation. Read more ] ]
Original conversation
User: On January 1, 2013, Zane Manufacturing Company purchased a machine for \$40,000. The company expects to use the machine a total of 24,000 hours over the next 6 years. The estimated sales price of the machine at the end of 6 years is \$4,000. The company used the machine 8,000 hours in 2013 and 12,000 in 2014. What is depreciation expense for 2014 if the company uses units - of - production depreciation? 61) A) \$9,000 B) \$18,000 C) \$10,000 D) \$6,000

Weegy: D. \$6000 is the declining balance depreciation. Read more ] ]

User: On January 1, 2013, Zane Manufacturing Company purchased a machine for \$40,000. The company expects to use the machine a total of 24,000 hours over the next 6 years. The estimated sales price of the machine at the end of 6 years is \$4,000. The company used the machine 8,000 hours in 2013 and 12,000 in 2014. What is the book value of the machine at the end of 2014 if the company uses straight-line depreciation?

Weegy: For which schoD. \$6000 is the declining balance depreciation. Read more ] ] ol please?

User: What is the maturity value of a 3-month, 12% note for \$20,000?

Weegy: If it's Percentage of Sales the answer would be \$28,000. If it's Percentage of Receivables, the answer is \$21,000 (28,000 - 7,000).

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Asked 7/6/2013 12:03:50 PM
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