At the beginning of last year. Brentwood Corporation purchased a piece of heavy equipment for $88,000. The
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At the beginning of last year. Brentwood Corporation purchased a piece of heavy equipment for $88,000. The equipment has a life of five years or 100.000 hours. The estimated residual value is $8,000 Bremond used the equipment for 19.000 hours last year and 22.000 hours this year Depreciation expense for year two using double-declining-balance (DDB) and units-of-production (UOP) methods would be as (carry all rates to two decimal places, xx)
| DDB | UOP |
A.
| $19,200 | $19,360 |
B. | $19,200 | $17,600 |
C. | $21,120 | $19,360 |
D. | $21,120 | $17,600 |
Related Book For
Financial and Managerial Accounting
ISBN: 978-1119392132
3rd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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