Question: Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $260,300 and estimated residual value of $3,800 is expected to have a useful operating

Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $260,300 and estimated residual value of $3,800 is expected to have a useful operating life of 95,000 hours. During February, the tractor was operated 200 hours. Determine the depreciation for the month. If required, carry out any division to two decimal places. Feedback

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!

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...

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 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...

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 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 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...

help asap EX 9-5 Straight-line depreciation rates Convert each of the following estimates of useful life to a straight-line depreciation rate, stated (g) 50 years. (a) 4 years, (b) 8 years, (c) 10...

eBook Show Me How Depreciation by units-of-activity method A diesel-powered tractor with a cost of $115,000 and an estimated residual value of $10,000 is expected to have a useful operating life of...

NEED HELP ASAP, NEED IN 15 MINS Depreciation by units-of-activity method A diesel-powered tractor with a cost of $281,440 and an estimated residual value of $5,500 is expected to have a useful...

Identify three job design issues that would be affected by extensive use of virtual teams. How would you manage these issues?

Give some examples to illustrate the possible consequences that occur when the daily HR practices of managers are inconsistent with the organization's formal HR policies.

The FDIC, Federal Deposit Insurance Corporation, does which of the following? Question 8 options: Oversees all banks and financial institutions Regulates, insures banks, and ultimately your money...

last two options for the multiple choice are : performance management development A construction equipment manufacturer, Roswell Corporation, is focusing on becoming a leader in sustainability in...

5. What advice might Hayward take from Drucker (cited toward the beginning of this chapter) to improve his success in the future?

5. What decisions would a city manager at the postconventional level be expected to make?

3. What decisions would a city manager at the conventional level be expected to make?