Use the Following Information for Questions
a Schedule of Machinery

Multiple Choice

Use the following information for questions
A schedule of machinery owned by Dougan Co.is presented below: $$\begin{array} { l c c c } & \text { Total Cost } & \begin{array} { c } \text { Estimated } \\\text { Salvage Value }\end{array} & \begin{array} { c } \text { Estimated } \\\text { Life in Years }\end{array} \\\hline \text { Machine A } & \$ 320,000 & \$ 20,000 & 12 \\\text { Machine C } & 390,000 & 30,000 & 10 \\\text { Machine M } & 225,000 & 15,000 & 6\end{array}$$ Dougan computes depreciation by the composite method.
-The composite rate of depreciation (in percent) for these assets is

A) 10.27.
B) 10.72.
C) 11.03.
D) 11.67.