Question: 3 Nov, 1 , 2 0 2 4 7 6 , 8 0 0 6 , 8 0 0 6 Units - of - activity

3
Nov, 1,2024
76,800
6,800
6
Units-of-activity
For the declining-balance method, Carla Vista Co. uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 35,000. Actual hours of use in the first 3 years were: 2024,840;2025,3,700; and 2026,4,900.
(a)
Compute the amount of accumulated depreciation on each machine at December 31,2026.
MACHINE 1
MACHINE 2
MACHINE 3
Accumulated depreciationat
December 31 $ $
 3 Nov, 1,2024 76,800 6,800 6 Units-of-activity For the declining-balance method,

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!