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For the declining-balance method, Crane Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 33,500. Actual hours of
For the declining-balance method, Crane Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 33,500. Actual hours of use in the first 3 years were: 2024, 660; 2025, 5,700; and 2026,7,300. (b) Your answer is incorrect. If machine 2 was purchased on April 1 instead of July 1 , what would be the depreciation expense for this machine in 2024 ? In 2025
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