Marigold A S Purchased A New Machine On October 1 2020 At A Cost Of 112 400 The Company Estimated That The Machine W 1 (18.47 KiB) Viewed 9 times
Marigold A S Purchased A New Machine On October 1 2020 At A Cost Of 112 400 The Company Estimated That The Machine W 2 (27.05 KiB) Viewed 9 times
Marigold A/S purchased a new machine on October 1, 2020, at a cost of €112,400. The company estimated that the machine will have a residual value of €12,400. The machine is expected to be used for 10,000 working hours during its 5-year life. Your answer is incorrect. Calculate depreciable cost. (Round answer to 2 decimal places, eg. 12.50.) Depreciable cost eTextbook and Media per hour
Compute the depreciation expense under the following methods for the year indicated. (a) Straight-line for 2020. (b) (c) Units-of-activity for 2020, assuming machine usage was 1.500 hours. Declining-balance using double the straight-line rate for 2020 and 2021. Straight-line method Units-of-activity method Declining-balance method 2020 5000 2021
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