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On January 1, xxx , XY2 Company bought an equipment with the following information: List Price $ 34,000 14 points Discount Hate Insurance Costs year
On January 1, xxx , XY2 Company bought an equipment with the following information: List Price $ 34,000 14 points Discount Hate Insurance Costs year al $ 490 FOB Destination Charges $240 Salvace Value $ 4,000 Installation Costs $ 820 Estimated Units of Production 300,000 Repair & Maintenance year xxx $ 330 Units Produced year 60,000 17. If the company used the units of Production Depreciation method, what is the depreciation expense amount for the first year of production? a) $6,006 bi $6,104 c) $5.990 d] $5,892 YOU MUST show your calculations
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