Question
Machine Initial Cost is $120,000 and it has a capacity of $60,000 units. Using Service Output Method, what is the depreciation on its 5th year?
Machine Initial Cost is $120,000 and it has a capacity of $60,000 units. Using Service Output Method, what is the depreciation on its 5th year? What is the depreciation value on its 4th year?
| Year | Output |
| 1 | 20,000 |
| 2 | 20,000 |
| 3 | 15,000 |
| 4 | 15,000 |
| 5 | 5,000 |
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Financial Accounting Tools For Business Decision-Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
2nd Canadian Edition
0470833378, 978-0470833377
