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Calculate the depreciation charge for 2024 under units of production method. (Round depreciation per output...

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Accounting

Calculate the depreciation charge for 2024 under units of production method. (Round depreciation per output unit to 2 decimal
places, e.g.5.27 and depreciation charge to 0 decimal places, e.g.5,275.)
Depreciation per output unit
$
/output unit
Depreciation charge for 2024
$
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Calculate the depreciation charge for 2024 under declining-balance, using a 20% rate.
Depreciation charge for 2024Bramble Corp. purchased machinery for \(\$ 432,000\) on May 1,2023. It is estimated that it will have a useful life of 10 years, residual value of \(\$ 12,000\), production of 240,000 units, and 35,000 working hours. The machinery will have a physical life of 15 years and a salvage value of \(\$ 3,000\). During 2024, Bramble used the machinery for 2,300 hours and the machinery produced 28,000 units. Bramble prepares financial statements in accordance with IFRS. From the information given, calculate the depreciation charge for 2024 under each of the following methods, assuming Bramble has a December 31 year end. Calculate the depreciation charge for 2024 under straight-line method. Depreciation charge for 2024
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