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Category > Accounting Posted 09 May 2017 My Price 6.00

Units-of-Output Depreciation

Units-of-Output Depreciation

A tractor acquired at a cost of $420,000 has an estimated residual value of $30,000, has an estimated useful life of 25,000 hours, and was operated 1,850 hours during the year. Determine the following. If required, round your answer for the depreciation rate to two decimal places.

(a)The depreciable cost $ 

(b)The depreciation rate per hour $

(c)The units-of-output depreciation for the year $ 

Answers

SuperTutor
(15)
Status NEW Posted 09 May 2017 12:05 AM My Price 6.00

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