On january 1, 2019, woodstock, inc. purchased a machine costing $40,000. woodstock also paid $1,000 for transportation and installation.
the expected useful life of the machine is 6 years and the residual value is $5,000.

how much is the annual depreciation expense, assuming use of the straight-line depreciation method?

a. $6,100

b.$5,950.

c. $5,750

d. $6,000

In june, one of the processinthe assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units the assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units were in its ending work in process inventory