Question 4 of 4 View Policies Show Attempt History Current Attempt in Progress In recent years, Oriole Company has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each machine, and various methods have been used. Information concerning the machines is summarized in the table below. Machine 1 2 3 (a1) Acquired Jan. 1, 2020 July 1, 2021 T Nov. 1, 2021 Cost $ 95,300 Your answer is correct. Depreciable cost $ 87,500 94,500 Salvage Useful Life Value (in years) $ 13,500 11,000 8,500 8 2 5 For the declining-balance method, Oriole Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 43,000. Actual hours of use in the first 3 years were 2021, 500; 2022, 4,700; and 2023, 7,800. per mile 6 Depreciation Method For Bus #3, calculate depreciable cost per mile under units-of-activity method. Straight-line Declining-balance Units-of-activity 1.33/4 E ...

In recent years, Oriole Company has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each machine, and various methods have been used. Information concerning the machines is summarized in the table below. For the declining-balarice method, Oriole Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 43,000. Actual hours of use in the first 3 years were 2021,500;2022,4,700; and 2023, 7,800. (a1) For Bus #3, calculate depreciable cost per mile under units of-activity method. Depreciablecost \$ permile Your answer is incorrect. Compute the amount of accumulated depreciation on each machine at December 31,2023. eTextbook and Media Attempts: 1 of 15 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above