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a Schedule of Machinery

Question 63

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Use the following information for questions
A schedule of machinery owned by Dougan Co.is presented below:  Total Cost  Estimated  Salvage Value  Estimated  Life in Years  Machine A $320,000$20,00012 Machine C 390,00030,00010 Machine M 225,00015,0006\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 life (in years) for these assets is


A) 9.1.
B) 9.3.
C) 9.7.
D) 10.0.

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