Wenner Furnace Corp. purchased machinery for $279,000 on May 1, 2012. It is estimated that it will have a useful life of 10 years, salvage value of $15,000, production of 240,000 units, and working hours of 25,000. During 2013, Wenner Corp. uses the machinery for 2,650 hours, and the machinery produces 25,500 units.
Instructions
From the information given, compute the depreciation charge for 2013 under each of the following methods.
(Round to the nearest dollar.)
(a) Straight-line.
(b) Units-of-output.
(c) Working hours.
(d) Sum-of-the-years’-digits.
(e) Double-declining-balance.

$1.99

--------------------------------------------

Facebook Like


71

3

  1265




Buyer's Ratings
Social connections


Created

Compatibility

Files Included

October 11, 2011

MS word

doc



LiveZilla Live Help