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Compute depreciation expense using the units-of-activity method

Compute depreciation expense using the units-of-activity method 




BE 1
Hadicke Company purchased a delivery truck for $40,000 on January 1, 2011. The truck was assigned an estimated useful life of 5 years and has a residual value of $10,000. Compute depreciation expense using the double-declining-balance method for the years 2011 and 2012.


BE 2
Hadicke Company purchased a delivery truck for $35,000 on January 1, 2011. The truck was assigned an estimated useful life of 100,000 miles and has a residual value of $10,000. The truck was driven 18,000 miles in 2011 and 22,000 miles in 2012. Compute depreciation expense using the units-of-activity method for the years 2011 and 2012.




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16 Apr 2016

Answers (1)

  1. Genius

    Compute depreciation expense using the units-of-activity method

    Compute depreciation expense using the units-of-activity method Compute depr ****** ******
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