Depreciation methods on january 2, 2018, skyler, inc. purchased a laser cutting machine to be used in the fabrication of a part for one of its key products. the machine cost $120,000, and its estimated useful life was four years or 920,000 cuttings, after which it could be sold for $5,000. required a. calculate each year's depreciation expense for the machine's useful life under each of the following depreciation methods (round all answers to the nearest dollar): 1. straight-line. 2. double-declining balance. 3. units-of-production. (assume annual production in cuttings of 200,000; 350,000; 260,000; and 110,000.) b. assume that the machine was purchased on july 1, 2018. calculate each year's depreciation expense for the machine's useful life under each of the following depreciation methods: 1. straight-line. 2. double-declining balance.

8. agreement and disagreement among economists suppose that bob, an economist from a university in arizona, and cho, an economist from a public television program, are arguing over saving incentives. the following dialogue shows an excerpt from their debate: cho: i think it's safe to say that, in general, the savings rate of households in today's economy is much lower than it really needs to be to sustain an improvement in living standards. bob: i think a switch from the income tax to a consumption tax would bring growth in living standards. cho: you really think households would change their saving behavior enough in response to this to make a difference? because i don't. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? rent ceilings reduce the quantity and quality of available housing. immigrants receive more in government benefits than they contribute in taxes. having a single income tax rate would improve economic performance.

If jobs have been undercosted due to underallocation of manufacturing overhead, then cost of goods sold (cogs) is too low and which of the following corrections must be made? a. decrease cogs for double the amount of the underallocation b. increase cogs for double the amount of the underallocation c. decrease cogs for the amount of the underallocation d. increase cogs for the amount of the underallocation

In our daily interactions we can find ourselves listening to other people solely for the purpose of finding weakness in their positions so that we can formulate a convincing response. select one: true false