• Waldum Company purchased packaging equipment on January 5, 2013, for $135.000. The equipment was expected to have a useful life of three years, or 18.000 operating hours, and a residual value of $13.500. the equipment was used for 8.600 hours during 2013,5.300 hours in 2014, and 4.100 hours in 2015.
• Instructions:

1. Determine the amount of depreciation expense for
2. 
   
   • Waldum Company purchased packaging equipment on January 5, 2013, for $135.000. The equipment was expected to have a useful life of three years, or 18.000 operating hours, and a residual value of $13.500. the equipment was used for 8.600 hours during 2013,5.300 hours in 2014, and 4.100 hours in 2015.
   • Instructions:
3. 
   
   1. Determine the amount of depreciation expense for the years ended December 31, 2013, 2014, and 2014, by (a) the straight line method, (b) the unit of output method, and (c) the double declining balance method. Also determine the total depreciation expense for the tree years by each method.
   2. What method yields the highest depreciation expense for 2013?
4.  What method yields the most depreciation over the three year life of the equipment?
5. the years ended December 31, 2013, 2014, and 2014, by (a) the straight line method, (b) the unit of output method, and (c) the double declining balance method. Also determine the total depreciation expense for the tree years by each method.
6. What method yields the highest depreciation expense for 2013?

 What method yields the most depreciation over the three year life of the equipment?

Answer rating: 100% (QA)

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