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In recent years, Jayme Company has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge of

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In recent years, Jayme Company has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each machine, and various methods have been used. Information concerning the machines is summarized in the table below. Machine Acquired Jan. 1. 2020 July 1, 2021 Nov. 1. 2021 Salvage Cost Value $ 96,000 $12,000 85,000 10,000 66,000 6,000 Useful Life (in years) 8 5 Depreciation Method Straight-line Declining-balance Units-of-activity 2 3 For the declining-balance method, Jayme Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 30,000. Actual hours of use in the first 3 years were 2021,800; 2022,4,500; and 2023,6,000. (1) For Machine #3, calculate depreciable cost per hour under units-of-activity method. Depreciable cost $ per hour

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