(a) Straight-line $ (b) Units-of-output $ (c) Working hours $ (d) Sum-of-the-yea
ID: 2376875 • Letter: #
Question
(a)Straight-line
$ (b)
Units-of-output
$ (c)
Working hours
$ (d)
Sum-of-the-years Wenner Furnace Corp. purchased machinery for $334,800 on May 1, 2012. It is estimated that it will have a useful life of 10 years, salvage value of $18,000, production of 288,000 units, and working hours of 25,000. During 2013, Wenner Corp. uses the machinery for 2,650 hours, and the machinery produces 30,600 units. From the information given, compute the depreciation charge for 2013 under each of the following methods.
Explanation / Answer
e)Double Decling balance
b)Units of output
Depreciation per Unit: $31,680.0000
Depreciation for Period: $9,123,840,000.00
Depreciable Base: $316,800.00
d)Sum of years digit
a)Straight line
Depreciation
Expense 2012 $44,640 2013 $58,032 2014 $46,426 2015 $37,140 2016 $29,712 2017 $23,770 2018 $19,016 2019 $15,213 2020 $12,170 2021 $9,736 2022 $2,596
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