Exercise 1 PT Mio bought an equipment and has the following data: Price...
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Accounting
Exercise 1
PT Mio bought an equipment and has the following data:
Price of the equipment
Residual value
Life (year)
Life (hour)
2016
used
2017
Used
2018
used
Rp200,000,000
Rp50,000,000
3
20,000
5,000
7,000
8,000
Instructions:
1. calculate the depreciation for each year using straight line method
2. calculate the depreciation for each year using unit of output method
3. which method provides for highest depreciation expense for 2016?
Exercise 1
PT Mio bought an equipment and has the following data:
Price of the equipment | Residual value | Life (year) | Life (hour) | 2016 used | 2017 Used | 2018 used |
Rp200,000,000 | Rp50,000,000 | 3 | 20,000 | 5,000 | 7,000 | 8,000 |
Instructions:
1. calculate the depreciation for each year using straight line method
2. calculate the depreciation for each year using unit of output method
3. which method provides for highest depreciation expense for 2016?
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