Chapter 13, Problem 13.1CTTP

How much cost will be allocated

What is row in 2008?

Sirus Co purchased tool sharpening equipment on October 1 for $47,250. The equipment was expected to have a useful life of 3 years or 5,400 operating hours, and a residual value of $1,350. The equipment was used for 1,000 hours during Year 1, 1,900 hours in Year 2, 1,600 hours in Year 3, and 900 hours in Year 4.Required:Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by (a) the straight-line method, (b) the units-of-activity method, and (c) the double-declining-balance method. FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for each year to the nearest whole dollar. (unsure if my answers are correct. Straight line method Year 1 __ Year 2___ Year 3___ Year 4___   Units of activity method Year 1 Year2 Year3 Year4 Double declin balance method Year 1 year 2 year 3 year 4

Compute and interpret the following

Question

acc. Prob.

Provide answer

What are the costs allocated to the corporate clients division?

Accounting questions prob.