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On April 2 2 , 2 0 2 3 , Oriole Enterprises purchased equipment for $ 1 3 3 , 6 0 0 . The
On April Oriole Enterprises purchased equipment for $ The company expects to use the equipment for
working hours during its fouryear life and that it will have a residual value of $ Oriole has a December year end and pro
rates depreciation to the nearest month. The actual machine usage was: hours in ; hours in ; hours in
; hours in ; and hours in
Prepare a depreciation schedule for the life of the asset under the unitsofproduction method. Hint; For Depreciation
Expense, limited to the amount that brings the carrying amount to the residual value given in the question data. Round
depreciation amount per unit to decimal places, eg and final answers to decimal places, es
$
$
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