Tuesday 30 October 2012

Worth Manufacturing Company purchased a new production machine on July 1, 2010, for $140,000. The estimated salvage value is $10,000. The company uses units-of-production depreciation and estimates the machine will produce 100,000 units during its useful life. In 2010, the company manufactured 5,000 units after acquiring the machine. Depreciation expense for 2010 will be

Worth Manufacturing Company purchased a new production machine on July 1, 2010, for $140,000. The estimated salvage value is $10,000. The company uses units-of-production depreciation and estimates the machine will produce 100,000 units during its useful life. In 2010, the company manufactured 5,000 units after acquiring the machine. Depreciation expense for 2010 will be

Answer


$         0


$  6,500


$  7,000


$13,000



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