ezto.mheducation.com/hm.tpx Apps Hunter eMa SUNY Applicano Microbialogy lab PAna

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ezto.mheducation.com/hm.tpx Apps Hunter eMa SUNY Applicano Microbialogy lab PAnaton y Lab Anatomy lecture NYU Books ," Restaurants 6Dresses 6pm com Other Bok marks connect imed inal exam Instructions help C Question 9 tof so) Quession 9 fof 50 Save&Et; Submit Ace company purchased a machine velued at $325,000 on August t. The equipment has an estimated useful lfe of value of $8,700. Assuming the double decining balance method of depreciation, what is the emount of depreciation expense thet needs to be recorded at the end of the second yeerif 760,000 units were produced? 4 years or 3.0 million units. The equipment is estimated to have a salvage O $67708 O $270,833 O $133.917 $162,500 O $128.646

Explanation / Answer

Depreciation=1/n years=1/4=25%

sincd double decline=25%*2=50%

For first 5 months i.e aug to dec it is (5/12)*50%*325,000= 67,708.33

For next year it is (325000-67708.33)*50%=$128,646

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