20

Which of the following depreciation methods allocates a varying amount of depreciation each year based on an asset's usage?

The straight-line method

The annuity method

The units-of-production method

The double-declining-balance method

Question 19

A company purchased a computer on July 1, 2017 for $50,000. Estimated useful life of the computer was five years, and it has no residual value. Which of the following methods should be used to best match its expense against the revenue it produces?

The units-of-production method

The straight-line method

The double-declining-balance method

The first-in, first-out method