Question: Crane Ltd . purchased a new machine on April 4 , 2 0 2 0 , at a cost of $ 1 7 2 ,
Crane Ltd purchased a new machine on April at a cost of $ The company estimated that the machine would have a residual value of $ The machine is expected to be used for working hours during its fouryear life. Actual machine usage was hours in ; hours in ; hours in ; hours in ; and hours in Crane has a December year end.
a
Your answer is partially correct.
Calculate depreciation for the machine under each of the following methods: Round expense per unit to decimal places, eg
and final answers to decimal places, eg
Straightline for through to
expense $
expense $
expense $
expense $
expense $
diminishing balance using double straight line rate for through to
expense $
expense $
expense $
expense $
expense $
units of production for through to
expense $
expense $
espense $
expense $
expense $
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