Question
A machine with a cost of $190,000 has an estimated residual value of $19,000 and an estimated life of 4 years or 19,000 hours. It
A machine with a cost of $190,000 has an estimated residual value of $19,000 and an estimated life of 4 years or 19,000 hours. It is to be depreciated by the units-of-activity method. What is the amount of depreciation for the second full year, during which the machine was used 6,000 hours?
a.$35,000
b.$54,000
c.$66,000
d.$6,000
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
7th Edition
978-0470477151, 978-0-470-5562, 470556242, 0-470-55624-2, 9780470556245, 978-0470507018
