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Exercise 11-9 Presented below is information related to Whispering Manufacturing Corporation Estimated Life (in years) 10 AssetCost Salvage $48,195 39,984 42,840 22,610 27,955 $6,545 5,712

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Exercise 11-9 Presented below is information related to Whispering Manufacturing Corporation Estimated Life (in years) 10 AssetCost Salvage $48,195 39,984 42,840 22,610 27,955 $6,545 5,712 4,284 1,785 2,975 Compute the rate of depreciation per year to be applied to the plant assets under the composite method. (Round answer to 2 decimal place eg. 4a3%) Composite rate

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