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Jon Seceda Furnace Corp. purchased machinery for $478, 800 on May 1, 2014. It is estimated that it will have a useful life of 10
Jon Seceda Furnace Corp. purchased machinery for $478, 800 on May 1, 2014. It is estimated that it will have a useful life of 10 years, salvage value of $22, 800, production of 364, 800 units, and working hours of 25,000. During 2015, Seceda Corp. uses the machinery for 2, 650 hours, and the machinery produces 38, 760 units. From the information given, compute the depreciation charge for 2015 under each of the following methods. (Round answers to decimal places, e.g. 45, 892.)
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