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Copy equipment was acquired at the beginning of the year at a cost of $61,880 that has an estimated residual value of $5,600 and an estimated useful life of 5 years. It is estimated that the machine will output an estimated 938,000 copies. This year, 284,000 copies were made.

a. Determine the depreciable cost.  $

b. Determine the depreciation rate.  $ per copy

c. Determine the units-of-output depreciation for the year.   $

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92774228

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