accounting problem

Project Description:

wenner furnace corp. purchased machinery for $672,390 on may 1, 2012. it is estimated that it will have a useful life of 10 years, salvage value of $36,150, production of 578,400 units, and working hours of 25,000. during 2013, wenner corp. uses the machinery for 2,650 hours, and the machinery produces 61,455 units.

from the information given, compute the depreciation charge for 2013 under each of the following methods. (round answers to 0 decimal places, e.g. $45,892.)

(a) straight-line $
(b) units-of-output $
(c) working hours $
(d) sum-of-the-years’-digits $
(e) double-declining-balance $
Skills Required:
Project Stats:

Price Type: Negotiable

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