Skysong Company purchased machinery for $176,400 on January 1, 2017. I


Ask a Question

Skysong Company purchased machinery for $176,400 on January 1, 2017. It is estimated that the machinery will have a useful life of 20 years, salvage value of $14,700, production of 80,800 units, and working hours of 37,800. During 2017, the company uses t

Sale price $15.00 Regular price $30.00

Skysong Company purchased machinery for $176,400 on January 1, 2017.
It is estimated that the machinery will have a useful life of 20 years, salvage value of $14,700, production of 80,800 units, and working hours of 37,800. During 2017, the company uses the machinery for 13,230 hours, and the machinery produces 16,160 units. Compute depreciation under the straight-line, units-of-output, working hours, sum-of-the-years’-digits, and double-declining-balance methods. (Round intermediate calculations to 5 decimal places, e.g. 1.56487 and final answers to 0 decimal places, e.g. 5,125.)

Depreciation
Straight-line $
Units-of-output $
Working hours $
Sum-of-the-years’-digits $
Double-declining-balance $

Questions & Answers

Have a Question?

Be the first to ask a question about this.

Ask a Question