Question
Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $105,220 and estimated residual value of $3,700 is expected to have a useful operating
Depreciation by Units-of-activity Method
A diesel-powered tractor with a cost of $105,220 and estimated residual value of $3,700 is expected to have a useful operating life of 47,000 hours. During February, the tractor was operated 100 hours.
Determine the depreciation for the month. If required, carry out any division to two decimal places. $
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Financial Accounting
Authors: Anne Britton, Christopher Waterston
3rd Edition
027365859X, 978-0273658597
