Question
Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $184,480 and estimated residual value of $6,000 is expected to have a useful operating
Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $184,480 and estimated residual value of $6,000 is expected to have a useful operating life of 97,000 hours. During April, the tractor was operated 300 hours. Determine the depreciation for the month. If required, carry out any division to two decimal places.
$
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Financial Accounting
Authors: Warren, Reeve, Duchac
12th Edition
1133952410, 9781133952411, 978-1133952428
