- production cost accounting
- online accounting diploma
- travel expense report
Smith Co. purchased a piece of equipment of January 1, 2013 with a cost of $40,000. The equipment will last 4 years with a residual value of $3,000. The equipment is expected to produce the following number of units for the company:
2013 = 500 units
2014= 800 units
2015 = 900 units
2016 = 700 units
Required: Calculation the depreciation expense for 2013, 2014, 2015, and 2016 using the units of production method.
If someone could do 2013 and 2014 I could probably figure out the rest! Thanks! 10 points best answer!
2013 = 500 units
2014= 800 units
2015 = 900 units
2016 = 700 units
Required: Calculation the depreciation expense for 2013, 2014, 2015, and 2016 using the units of production method.
If someone could do 2013 and 2014 I could probably figure out the rest! Thanks! 10 points best answer!
Accounting Depreciation- Units of Production! 10pts best answer?
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