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Pharoah Company purchased a new machine on October 1 2022. at a cost of $102,100. The company estimated that the machine was a salvage value
Pharoah Company purchased a new machine on October 1 2022. at a cost of $102,100. The company estimated that the machine was a salvage value of $6.220. The machine is expected to be used for 94,000 working hours during its 10 year life. Compute depreciation using the following methods in the year indicated. Declining balance using double the straight-line rate for 2022 and 2023. 2022 2023 Depreciation using the Declining-balance method e Textbook and Media Calculate the depreciation cost per hour (Round answer to 2 decimal places, eg $1251 Depreciation cost per hour Units-of-activiteter 2022. assuming machine were 18:40 heurs (Round answer to O decimal places, eg, 5.2250 Deprecation using the Unitect-sctivity methode
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