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Current Attempt in Progress In recent years, Bramble Company has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant
Current Attempt in Progress In recent years, Bramble Company has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each machine, and various methods have been used. Information concerning the machines is summarized in the table below. Machine Acquired Cost Salvage Value Useful Life (in years) Depreciation Method 1 Jan. 1, 2020 $ 97,600 $ 15,000 8 Straight-line 2 July 1, 2021 89,500 11,000 5 Declining-balance 3 Nov. 1, 2021 83,000 9,000 6 Units-of-activity For the declining-balance method, Bramble Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 37,000. Actual hours of use in the first 3 years were 2021, 500; 2022, 4,100; and 2023, 7,200. (a1) Your answer is incorrect. For Bus #3, calculate depreciable cost per mile under units-of-activity method. Depreciable cost $ eTextbook and Media Save for Later per mile Attempts: 2 of 3 used Submit
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