Question: Using the format in Table 91, compute Units-of-Service Depreciation using the following assumptions: Cost to be depreciated = $50,000 Salvage value = zero Total units
Using the format in Table 91, compute Units-of-Service Depreciation using the following assumptions:
Cost to be depreciated = $50,000
Salvage value = zero
Total units of service = 10,000
Units of service per year: Year 1 = 2,200; Year 2 = 2,100; Year 3 = 2,300; Year 4 = 2,200; Year 5 = 200
Using the format in Table 91, compute Units-of-Service Depreciation using the following assumptions:
Cost to be depreciated = $50,000
Salvage value = zero
Total units of service = 10,000
Units of service per year: Year 1 = 2,200; Year 2 = 2,100; Year 3 = 2,300; Year 4 = 2,200; Year 5 = 1,200
I am confused on how to start this, can anyone help? I am not a Finance major lol.
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