Depreciation by units-of-activity method A diesel-powered tractor with a cost of $152,280 and...

80.2K

Verified Solution

Question

Accounting

Depreciation by units-of-activity method
A diesel-powered tractor with a cost of $152,280 and an estimated residual value of $6,200 is expected to have a useful operating life of 83,000 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.
$
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students