Question: 5. If an industrial firm uses the units-of-production method for computing depreciation on its only plant asset, factory machinery, the credit to accumulated depreciation

5. If an industrial firm uses the units-of-production method for computing depreciation

5. If an industrial firm uses the units-of-production method for computing depreciation on its only plant asset, factory machinery, the credit to accumulated depreciation from period to period during the life of the firm will a. be constant. b. decrease steadily over time. c. vary with sales revenue. d. vary with production. 6. Which of the following legal fees should be capitalized? Legal fees to obtain a copyright Legal fees to successfully defend a trademark a. No No b. No Yes C. Yes Yes d. Yes No

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