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commute, depreciation, expense under units of activity for 2020, assuming machine usage was 1610 hrs. Concord Compary purchased a new machine on October 1,2020 ,

commute, depreciation, expense under units of activity for 2020, assuming machine usage was 1610 hrs. image text in transcribed
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Concord Compary purchased a new machine on October 1,2020 , at a cost of $115,900. The compary estimated that the machine will have a salvage value of $13,900. The machine is expected to be used for 10,000 working hours during its 5 -vear life. (a) Your answer is correct. Compute the depreciation oxpense under straight-line method for 2020 . (Round answer to 0 decimal ploces, es. 2,125.) Compute the depreciation expense under units-of-activity for 2020 , assuming machine usage was 1,610 hours. (Round intermediate caicalations to 1 decimal place, es 10.1 and final answer to 0 decimol places, es? 2.125) eTextbook and Media Attempts: 2 of 3 used (c) The parts of this question must be completed in order. This part will be available when you complete the part above

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