If MARIO uses the straight-line method, the amount of depreciation expense on MARIOs income statement related to
Question:
If MARIO uses the straight-line method, the amount of depreciation expense on MARIO’s income statement related to the manufacturing equipment is closest to:
A. 125,000.
B. 150,000.
C. 168,750.
Miguel Rodriguez of MARIO, S.A., an Uruguayan corporation, is computing the depreciation expense of a piece of manufacturing equipment for the fiscal year ended 31 December 2009. The equipment was acquired on 1 January 2009. Rodriguez gathers the following information (currency in Uruguayan pesos, UYP):
Transcribed Image Text:
Cost of the equipment Estimated residual value Expected useful life Total productive capacity Production in FY 2009 Expected production for the next 7 years UYP 1,200,000 UYP 200,000 8 years 800,000 units 135,000 units 95,000 units each year
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Related Book For
International Financial Statement Analysis CFA Institute Investment Series
ISBN: 9780470287668
1st Edition
Authors: Thomas R. Robinson, Hennie Van Greuning CFA, Elaine Henry, Michael A. Broihahn, Sir David Tweedie
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