Quiz 5 Answers

Quiz 5 Answers - 55,000 exams in 2012; 45,000 exams in...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Name ___________________________ USC ID# _________________________ Class (Circle) ___ 2PM or 4 PM_ _______ QUIZ 5 LSOA bought a new Scantron grading machine on January 1, 2011. The machine cost $12,000; has an estimated life of 4 years; and an estimated residual value of $2,000. Over its useful life it is estimated that the machine will grade 60,000 exams in 2011;
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 55,000 exams in 2012; 45,000 exams in 2013; and 40,000 exams in 2014. Complete a separate depreciation schedule for each of the alternative methods on the next page. Round your answers to the nearest dollar. Page 1 of 2 Name ___________________________ Page 2 of 2...
View Full Document

Page1 / 2

Quiz 5 Answers - 55,000 exams in 2012; 45,000 exams in...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online