A diesel-powered tractor with a cost of $258,560 and an estimated residual value of $2,500 is expected to have a useful operating life of 59,000 hours. During April, the tractor was operated 300 hours. Determine the depreciation for the month. If required, carry out any division to two decimal places.
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- A machine costing 350,000 has a salvage value of 15,000 and an estimated life of three years. Prepare depreciation schedules reporting the depreciation expense, accumulated depreciation, and book value of the machine for each year under the double-declining-balance and sum-of-the-years-digits methods. For the double-declining-balance method, round the depreciation rate to two decimal places.A diesel-powered tractor with a cost of $249,520 and an estimated residual value of $7,600 is expected to have a useful operating life of 72,000 hours. During April, the tractor was operated 300 hours. Determine the depreciation for the month. If required, carry out any division to two decimal places.A diesel-powered tractor with a cost of $111,800 and an estimated residual value of $8,400 is expected to have a useful operating life of 55,000 hours. During April, the tractor was operated 100 hours. Determine the depreciation for the month. If required, carry out any division to two decimal places.fill in the blank 1 of 1$
- Depreciation by Units-of-Activity Depreciation A diesel-powered tractor with a cost of $191,060 and estimated residual value of $2,900 is expected to have a useful operating life of 64,000 hours. During November, the tractor was operated 100 hours. Determine the depreciation for the month. Carry out any division to two decimal places.answer this question quick. A diesel-powered tractor with a cost of $396,560 and estimated residual value of $4,100 is expected to have a useful operating life of 93,000 hours. During November, the tractor was operated 300 hours. Determine the depreciation for the month. Carry out any division to two decimal places. $fill in the blank 1Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $90,000 and estimated residual value of $15,000 is expected to have a useful operating life of 30,000 hours. During April, the tractor was operated 120 hours. Determine the depreciation for the month. Carry out any division to two decimal places.
- Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $310,620 and an estimated residual value of $4,100 is expected to have a useful operating life of 79,000 hours. During April, the tractor was operated 200 hours. Determine the depreciation for the month. If required, carry out any division to two decimal places.Copy equipment was acquired at the beginning of the year at a cost of $25,200 that has an estimated residual value of $2,300 and an estimated useful life of 5 years. It is estimated that the machine will output an estimated 1,145,000 copies. This year, 246,000 copies were made. a. Determine the depreciable cost. b. Determine the depreciation rate. Round your answer to two decimal places. per copy c. Determine the units-of-activity depreciation for the year. LA ?Copy equipment was acquired at the beginning of the year at a cost of $37,120 that has an estimated residual value of $3,400 and an estimated useful life of 5 years. It is estimated that the machine will output an estimated 1,124,000 copies. This year, 295,000 copies were made. a. Determine the depreciable cost. $4 b. Determine the depreciation rate. Round your answer to two decimal places. per copy c. Determine the units-of-output depreciation for the year. $4 %24 %24
- Depreciation by Units-of-activity Method A diesel-powered tractor with a cost of $293,660 and estimated residual value of $5,300 is expected to have a useful operating life of 81,000 hours. During February, the tractor was operated 300 hours. Determine the depreciation for the month. If required, carry out any division to two decimal places.Copy equipment was acquired at the beginning of the year at a cost of $21,500 that has an estimated residual value of $2,000 and an estimated useful life of 5 years. It is estimated that the machine will output an estimated 975,000 copies. This year, 265,000 copies were made. a. Determine the depreciable cost. $ b. Determine the depreciation rate. Round your answer to two decimal places. $ per copy c. Determine the units-of-activity depreciation for the year.Copy equipment was acquired at the beginning of the year at a cost of $38,660 that has an estimated residual value of $3,500 and an estimated useful life of 5 years. It is estimated that the machine will output an estimated 1,172,000 copies. This year, 270,000 copies were made. a. Determine the depreciable cost. b. Determine the depreciation rate. Round your answer to two decimal places. per copy c. Determine the units-of-output depreciation for the year. Previous Next