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Question 3 ) In recent years, Sabine Company has purchased three machines. Because of a bad employee named Wares in the accounting department, a different
Question In recent years, Sabine Company has purchased three machines. Because of a bad employee named Wares in the accounting department, a different accountant was hired to take charge of selecting the depreciation method for each machine. Information concerning the machines is summarized in the table below.
tableMachineAcquired,Cost,tableSalvageValuein yearsUseful Life,tableDepreciationmethodJan. $$StraightlinetableOct. $$DoubleDeclining BalanceNov. $$UnitsofActivity
For the unitsofactivity method, total machine hours are expected to be Actual hours of use in the first years were: ;; and
Instructions:
A Compute the amount of accumulated depreciation on each machine at December
B If machine was purchased on April instead of October what would be the depreciation expens for this machine in In
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