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In recent years, Wang Company purchased three machines. Because of heavy turnover in the accounting department, a different accountant was in charge of selecting the
In recent years, Wang Company purchased three machines. Because of heavy turnover in the accounting department, a different accountant was in charge of selecting the deprediation method for each machine, and each selected a different method. Information concerning the machines is summarized below. Acquired Cost Value in Years Method 105,000 5,000 10,000 15,000 Straight-line Decdlining-balance 10 150,000 100,000 For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 25,000. Actual hours of use in the first years were: 2017, 1,300; 2018, 4,100; and 2019, 5,500 Calculate depreciable cost per hour for Machine 3. (Round answer to 2 decimal places, e.g. 0.50.) Depreciable cost per hour
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