Question
Activity Method of Depreciation: Cost 600,000 Salvage Value 60,000 Expected life in years 5 Expected work hours 700,000 Actual Units produced 120,000 Actual Work hours
Activity Method of Depreciation:
Cost 600,000
Salvage Value 60,000
Expected life in years 5
Expected work hours 700,000
Actual Units produced 120,000
Actual Work hours 13,000
A. Using working hours method, how much is the depreciation expense for the year? B. Using output method, how much is the depreciation expense for the year?
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Introductory Accounting Finance And Auditing For Lawyers
Authors: Lawrence Cunningham
7th Edition
1634604105, 9781634604109
