Question
Residual Cost Value Useful Life The details of the January 1, 2023 purchase of property, plant & equipment by Windsor Industries is as follows:
Residual Cost Value Useful Life The details of the January 1, 2023 purchase of property, plant & equipment by Windsor Industries is as follows: Depreciation Method Machinery $1,464,000 Building $94,000 $808,000 $88,000 1 million units Activity Method 30 years Straight line Computer $147,500 $9,000 5 years Double-Declining-Balance During 2023 Windsor produced 211,000 units using its machinery. Calculate the 2023 depreciation for each of th equipment items. (Round depreciation per unit to 2 decimal places, e.g. 7.25 and final answers to O decimal places, e.g. 5 2023 Depreciation Expense Machinery Equipment Building Computer Equipment $ 289070 S SA 24000 10116
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Intermediate Accounting IFRS
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
4th Edition
1119607515, 978-1119607519
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