Question: 4: Property Plant & Equipment (6 Marks) b) Assume the company now uses the units-of-production method to calculate depreciation expense. Calculate the depreciation expense for

4: Property Plant & Equipment (6 Marks) b) Assume the company now uses the units-of-production method to calculate depreciation

b) Assume the company now uses the units-of-production method to calculate depreciation expense. Calculate the depreciation expense for the December 31, 2021 year end.e Depreciation Expense at December 31 , 2021 = Calculations: c) Assume now that the company uses the double declining balance method to calculate depreciation. Calculate the net book value at December 31, 2020. Net book value at December 31 , 2020 = Calculations:

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2. Information that comes most readily to mind (availability).

3. An initial value (anchoring).

4. Similarity (representativeness).