Wickland company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $87,000. the machine's useful life is estimated to be 5 years, or 400,000 units of product, with a $7,000 salvage value. during its second year, the machine produces 84,500 units of product. what journal entry would be needed to record the machines' second year depreciation under the units-of-production method?

debit depletion expense $16,000; credit accumulated depletion $16,000.

debit depletion expense $16,900; credit accumulated depletion $16,900.

debit depreciation expense $16,900; credit accumulated depreciation $16,900.

debit amortization expense $16,900; credit accumulated amortization $16,900.

debit depreciation expense $16,000; credit accumulated depreciation $16,000.

The price of trade suppose that portugal and sweden both produce rye and wine. portugal's opportunity cost of producing a bottle of wine is 4 bushels of rye while sweden's opportunity cost of producing a bottle of wine is 10 bushels of rye. by comparing the opportunity cost of producing wine in the two countries, you can tell thatportugal/sweden has a comparative advantage in the production of wine.andportugal/sweden has a comparative advantage in the production of rye. suppose that portugal and sweden consider trading wine and rye with each other. portugal can gain from specialization and trade as long as it receives more rye for each bottle of wine it exports to sweden. similarly, sweden can gain from trade as long as it receives more bottles of wine for each bushel of rye it exports to portugal. based on your answer to the last question, which of the following prices of trade (that is, price of wine in terms of rye) would allow both sweden and portugal to gain from trade? a. 1 bushels of rye per bottle of wineb. 8 bushels of rye per bottle of winec. 9 bushels of rye per bottle of wined. 3 bushels of rye per bottle of wine

Karen is working on classifying all her company’s products in terms of whether they have strong or weak market share and whether this share is in a slow or growing market. what type of strategic framework is she using?

In myanmar, six laborers, each making the equivalent of $ 2.50 per day, can produce 40 units per day. in china, ten laborers, each making the equivalent of $ 2.25 per day, can produce 48 units. in billings comma montana, two laborers, each making $ 60.00 per day, can make 102 units. based on labor cost per unit only, the most economical location to produce the item is china , with a labor cost per unit of $ . 05. (enter your response rounded to two decimal places.)