The simpler the product, the more pronounced the learning rate

On January 1, 2017, Henry Manufacturing Corporation purchased a machine for $40,600,000

Henry's management expects to use the machine for 34,000 hours over the next six years. The estimated residual value of the machine at the end of the sixth year is $47,000. The machine was used for 4,000 hours in 2017 and 5,400 hours in 2018. Calculate the book value of the machine at the end of 2018 if the company uses the units-of-production method of depreciation. (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) A) $29,388,244 B) $40,600,000 C) $29,375,272 D) $35,829,040

Toyota has opened manufacturing plants in the United States and hires local workers to run these locations. Explain what the local content rules have to do with Toyota increasing its presence in the United States

What will be an ideal response?