If the units-of-production method is used, the depreciation expense for this period is:

Fowlord Co. purchases a mayonnaise maker for $480,000. The mayonnaise maker has a residual value of $40,000. Fowlord Co. expects the mayonnaise maker to produce four million mayonnaise bottles. The mayonnaise maker is used to make 560,000 mayonnaise bottles during the current period. If the units-of-production method is used, the depreciation expense for this period is: Multiple Choice $61,600. O $560,000. O $67,200. $520,000