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Spangle Corporation uses the unit-of-production method to estimate depreclation. The company purchased a new machine for $18,000 that will produce an estimated 100,000 units over
Spangle Corporation uses the unit-of-production method to estimate depreclation. The company purchased a new machine for $18,000 that will produce an estimated 100,000 units over its useful life. The estimated residual value of the machine is $2,000. What is the depreciation rate per unit? O $160 O $1.80 O $016 O$018
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