Question
Given the following information what is the depreciation for year 4 of this asset using the units of production method. Cost: $45,000 Salvage Value: $5,000
- Given the following information what is the depreciation for year 4 of this asset using the units of production method.
Cost: $45,000
Salvage Value: $5,000
Life: 100,000 Units
| Year 1 | 30,000 units | .40/unit | $12,000 |
| Year 2 | 38,000 units | .40/unit | $15,200 |
| Year 3 | 29,000 units | .40/unit | $11,600 |
| Year 4 | 25,000 units | .40/unit |
|
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
