Question
Tonys Pizzas purchased an Oven on January 1, 2020, for $69,000. The oven is estimated to have an 8-year life with a $5,000 salvage value.
Tonys Pizzas purchased an Oven on January 1, 2020, for $69,000. The oven is estimated to have an 8-year life with a $5,000 salvage value. The estimated useful life in operating hours is 120,000 hours.
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What is the depreciation cost per unit of activity for the oven using the units of activity method in this case? * $0.58 $0.53 $0.25 $0.73
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Computerized Accounting With QuickBooks 2014
Authors: Kathleen Villani, James B. Rosa, Blanche Ettinger
1st Edition
0763860239, 9780763860233
