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A press has a die-set that has an estimated life of 500,000 units. It has a...

A press has a die-set that has an estimated life of 500,000 units. It has a first cost of $50,000 and a salvage amount of $3000. If 60,000 units are produced in a year, determine the annual depreciation expense of the die.

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Answer #1

The annual depreciation expense of the die is $5640

Explanation:So, the annual depreciation expense of the die is $5640.

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