Basic information relating to a new machine purchased by Deloise Company is presented in E9-5. Instructions Using

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Basic information relating to a new machine purchased by Deloise Company is presented in E9-5.
Instructions
Using the facts presented in E9-5, compute depreciation using the following methods in the year indicated.
(a) Declining-balance using double the straight-line rate for 2012 and 2013.
(b) Units-of-activity for 2012, assuming machine usage was 3,900 hours. (Round depreciation per unit to the nearest cent.)

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Financial Accounting Tools for business decision making

ISBN: 978-0470534779

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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