Question
Units-of-Output Depreciation Equipment acquired at a cost of $400,000 has an estimated residual value of $22,600, has an estimated useful life of 51,000 hours, and
Units-of-Output Depreciation
Equipment acquired at a cost of $400,000 has an estimated residual value of $22,600, has an estimated useful life of 51,000 hours, and was operated 5,100 hours during the year. Determine the following. If required, round your answer for the depreciation rate to two decimal places.
| (a) | The Depreciable Cost | $ | |
| (b) | The Depreciation Rate | $ | per hour |
| (c) | The Units-of-Production Depreciation for the Year | $ |
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Research Methods And Audit In General Practice
Authors: David Armstrong, John Grace
1st Edition
0192624547, 978-0192624543
