Question: Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $171,900 and an estimated residual value of $8,100 is expected to have a useful

Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $171,900 and an estimated residual value of $8,100 is expected to have a useful operating life of 91,000 hours. During April, the tractor was operated 300 hours. Determine the depreciation for the month. If required, carry out any division to two decimal places.

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!

Ex 10-7 lull computed by the straight-line method e useial he of 12 years. What is t EX 10-7 Depreciation by units-of-activity method A diesel-powered tractor with a cost OBJ. 2 of $90,000 and...

need help plz with accounting for these questions Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales for Item Zeta9 are as follows: Assuming a perpetual inventory system and...

need help plz with accounting for these questions Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $190,060 and an estimated residual value of $3,400 is expected to...

Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $120,000 and an estimated residual value of $16,400 is expected to have a useful operating life of 28,000 hours....

need help pls with accounting on these questions Determining Cost of Land On-Time Delivery Company acquired an adjacent lot to construct a new warehouse, paying $45,000 in cash and giving a...

need help with accounting for the following questions plz Perpetual Inventory Using FIFO Beginning inventory, purchases, and sales data for prepaid cell phones for December are as follows: Assume...

need help plz with accounting for these 8 questions pls Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for prepaid cell phones for December are as follows: a. Assuming...

need help with these 8 questions plz for accounting, havent been able to get the help i need Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales data for prepaid cell phones for...

Depreciation by Two Methods A Kubota tractor acquired on January 8 at a cost of $63,000 has an estimated useful life of ten years. Assuming that it will have no residual value. a. Determine the...

question 1: Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $155,080 and estimated residual value of $5,600 is expected to have a useful operating life of 74,000...

Heat is being transferred from water to air through a brass wall having thermal conductivity of 75 W/mK. The size of brass wall is 0.5 m x 0.5 m. The mean temperature of wall and air are 90o C and...

Viruses are a plaque due to the fact that they increase. Biologists noticed the following in a laboratory. Number of viruses (n) Time in months (t) 2 1 NA 4 2 63 8 BA B5 12 14 C D E com 8 1.1.1...

What are the workforce initiatives that are implemented that enable the companies to emerge as the best companies in 2015? Compare the rankings in 2014. Were there any significant changes on the...

Which of the following are problems with identifying users of ABC? Multiple select question. ABC means different things to different organizations. Organizations will announce the discontinuance of...

8. Should public employees have the same right to strike as private-sector employees are granted under the Labor Management Relations Act? Why or why not?

1. Was Williams entitled to have a witness at the meeting with Harless, Gray, and Fisher? Explain. TerryWilliams is an employee at a unionized plant in Memphis, Tennessee. Williams is a member of and...

4. What proof does the Company have that the Grievant did what he was accused of? On March 27, 1998, the Company, the Union, and Mr. Danny Webb, the Grievant, entered into and signed the following...