Question
Wildhorse Ltd. purchased a new machine on April 4, 2017, at a cost of $180,000. The company estimated that the machine would have a residual
Wildhorse Ltd. purchased a new machine on April 4, 2017, at a cost of $180,000. The company estimated that the machine would have a residual value of $18,000. The machine is expected to be used for 12,960 working hours during its four-year life. Actual machine usage was 1,300 hours in 2017; 1,900 hours in 2018; 2,500 hours in 2019; 1,900 hours in 2020; and 2,100 hours in 2021. Wildhorse has a December 31 year end.
(3) Units-of-production for 2017 through to 2021.
2017 expense | $enter a dollar amount | ||
---|---|---|---|
2018 expense | $enter a dollar amount | ||
2019 expense | $enter a dollar amount | ||
2020 expense | $enter a dollar amount | ||
2021 expense | $enter a dollar amount
|
need units of production
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