On January 1, 2018, Jordan, Inc. acquired a machine for $1,100,000. The estimated useful life of the asset is five years. Residual value at the end of five years is estimated to be $61,000. Calculate the depreciation expense per year using the straight-line method.

$207,800

Explanation:

Given that,

Cost of machine = $1,100,000

Estimated useful life = 5 years

Residual value at the end of five years = $61,000

Depreciation refers to the fall in the value of the fixed assets with the passage  of time. Here, we are using the straight-line method.

Depreciation expense per year:

= (Cost of machine - Residual value) ÷ Useful life

= ($1,100,000 - $61,000) ÷ 5 years

= $1,039,000 ÷ 5 years

= $207,800

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

what is wrong with black soap shampoo?

explanation: