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Units - of - Production Method A light car is purchased on January 1 at a cost of $ 2 7 , 7 0 0
UnitsofProduction Method
A light car is purchased on January at a cost of $ It is expected to serve for eight years and have a salvage value of $ It is expected to be
used for miles over its eightyear useful life. Using the unitsofproduction method, calculate the depreciation expense for the first and third years of
use if the car is driven miles in year and miles in year Round interim calculations to two decimal places.
Depreclation Expense
Year
Year
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