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Question : Depreciation of Machinery(TWO Questions total) In early July 2013 Admirable Ltd is considering the acquisition of some machinery for $1200 000 plus GST

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Question : Depreciation of Machinery(TWO Questions total)

In early July 2013 Admirable Ltd is considering the acquisition of some machinery for $1200 000 plus GST to be used in the manufacture of a new product. The machinery has a useful life of 10 years, during which management plans to produce 500 000 units of the new product. The residual value of the machinery is $100 000.

The following projections were made in order to select a depreciation method to be used for the machinery:

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