Exercise 11-4

Jon Seceda Furnace Corp. purchased machinery for $733,950on May 1, 2014. It is estimated that it will have a useful life of10years, salvage value of $34,950, production of559,200units, and working hours of25,000. During 2015, Seceda Corp. uses the machinery for2,650hours, and the machinery produces59,415units.

From the information given, compute the depreciation charge for 2015 under each of the following methods. (Round answers to 0 decimal places, e.g. 45,892.)

(a)	Straight-line	$
(b)	Units-of-output	$
(c)	Working hours	$
(d)	Sum-of-the-years'-digits	$
(e)	Declining-balance (use 20% as the annual rate)	$

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