Stegman Company purchased a machine on January 2 for its business for $243,000. The machine has an expected useful life of 5 years and an expected salvage value of $9,000. The company expects to use the machine for 1,400 hours in the first year, 2,000 hours in the second year, 1,600 hours in the third year, 1,450 hours in the fourth year, and 1,200 hours in the final year. Calculate the annual depreciation expense for each of the five years using each of the following depreciation methods: a. Straight-line b. Double-declining balance c. Sum-of-the-years digit d. Units-of-production (assume that actual usage equals expected usage)

25. kerry company plans to sell 200,000 units of finished product in july and anticipates a growth rate in sales of 5% per month. the desired monthly ending inventory in units of finished product is 80% of the next month's estimated sales. there are 150,000 finished units in inventory on june 30. kerry company's production requirement in units of finished product for the three-month period ending september 30 is: a. 712,025 units b. 630,500 units c. 664,000 units d. 665,720 units

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Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium? a. a new fire department will be more demanding on local taxes. her annual premium will go up. b. the location of a fire department has no bearing on the value of her house. her annual premium will stay the same. c. the new fire department will reduce the risk of financial loss in her home. her annual premium should decrease. d. with a fire department so close (less than 5 miles), financial risk on jennifer’s home practically disappears. she will not need to pay insurance anymore.