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Morgana Film Productions Inc. purchased a copier on Jan 1, 2011 for $11,700 with a residual value of $1200. Useful life is 5 years or
Morgana Film Productions Inc. purchased a copier on Jan 1, 2011 for $11,700 with a residual value of $1200. Useful life is 5 years or 100,000 copies Copies produced in 2011: 16000 copies; in 2012: 14,000 copies Using the Activity/Units of Production Method, calculate: a) The Depreciation Expense in 2011 & 2012 in 2011 in 2012 b) Accumulated depreciation at the end of 2012 c) Book value at the end of 2012 Get help: Video
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
