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Maria is a wedding planner. She purchases a laserjet printer for invitations, save-the-date postcards, etc. The laserjet costs $599 and can be expected to
Maria is a wedding planner. She purchases a laserjet printer for invitations, save-the-date postcards, etc. The laserjet costs $599 and can be expected to print 200,000 pages. At the end of its useful life, Maria will receive a rebate of $45 when she turns in her old laserjet and purchases a new one. Maria uses the units- of-production method of depreciation. What is the depreciation per unit? If necessary, round to the nearest tenth of a cent. Hint: The unit depreciation is the total depreciation divided by the number of units in the useful life (200,000 pages). What is the book value of the laserjet at the end of the first year if 45,000 pages are printed? In the second year, Maria uses the laserjet to print 50,000 pages. What is the annual depreciation for year 2?
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