Multiple Choice
Solve the problem. Round to the nearest dollar.
-Rainbow Ice Cream bought a frozen custard maker that cost $9,400. The expected life is 5,000 hours
Of production with a salvage value of $940. Find the book value at the end of the third year. Use the
Units-of-production method of depreciation given the following production schedule.
A) $1,244
B) $1,372
C) $2,184
D) $7,216
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Provide an appropriate response.<br>-Explain how to determine
Q2: Use the MACRS depreciation rates table to
Q3: Use the double-declining-balance method of depreciation. Round
Q4: Find the depreciation per unit. Round to
Q5: Find the first year's depreciation, using the
Q7: Solve the problem. Round to the nearest
Q8: Use the MACRS depreciation rates table to
Q9: Find the annual straight-line rate of depreciation
Q10: Use the double-declining-balance method of depreciation. Round
Q11: Provide an appropriate response.<br>-Explain in your own