Question: Under the units-of-production depreciation method, what is the depreciation cost per unit if the cost of the asset is $9,900, the residual value is $1,000,

Under the units-of-production depreciation method, what is the depreciation cost per unit if the cost of the asset is $9,900, the residual value is $1,000, the expected usage of the asset is 8,900 units, and the fair market value of the asset is $11,900?

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