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A diesel-powered tractor with a cost of $214,400 and estimated residual value of $6,700 is expected to have a useful operating life of 67,000 hours.
A diesel-powered tractor with a cost of $214,400 and estimated residual value of $6,700 is expected to have a useful operating life of 67,000 hours. During April, the tractor was operated 100 hours. Determine the depreciation for the month. If required, carry out any division to two decimal places
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen and Peter Brewer
14th edition
978-007811100, 78111005, 978-0078111006
