A poultry farmer is interested in purchasing an egg tester that can measure weight, albumin height, yolk color, and Haugh units all at the touch of a button
The unit will cost $6900 and is expected to last 10 years at which point it can be sold for $500 to a farmer in a less stringently controlled egg market. What is the annual depreciation under the straight line method?
A) $640
B) $690
C) $50
D) $740
A
You might also like to view...
A virus can be prepended or postpended to an executable
program, or it can be embedded in some other fashion. Indicate whether the statement is true or false
Rosewood Corporation produces a single product. The following cost structure applied to its first year of operations: Variable costs: SG&A $2 per unit Production $4 per unit Fixed costs (total cost incurred for the year): SG&A $14,000 Production $20,000 Refer to Rosewood Corporation. Assume for this question only that Rosewood Corporation manufactured 5,000 units and sold 4,000 in the current
year. If Rosewood employs a costing system based on variable costs, the company would end the current year with a finished goods inventory of a. $4,000. b. $8,000. c. $6,000. d. $5,000.