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compute depreciation using declining balance and depreciation using cost per hour Ivanhoe Company purchased a new machine on October 1,2025 , at a cost of
compute depreciation using declining balance and depreciation using cost per hour
Ivanhoe Company purchased a new machine on October 1,2025 , at a cost of $98,100. The company estimated that the machine has a salvage value of $4,500. The machine is expected to be used for 90,000 working hours during its 10 -year life. Compute depreciation using declining-balance using double the straight-line rate for 2025 and 2026 . (Round answers to 2 decimal places, e.s 2,152.75.) Calculate the depreciation cost per hour. (Round answer to 2 decimal places, e.g. 1.25.) Depreciation cost per hour Calculate the depreciation cost per hour. (Round answer to 2 decimal places, e.g. 1.25.) Depreciation cost per hour $ Compute depreciation using units-of activity for 2025 , assuming machine usage was 450 hours. (Round answer to 0 decimal places, e.s. 5,275.) Depreciation using the units-of-activity method for 2025 Step by Step Solution
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