(Answered) Question - wenner furnace corp purchased machinery for

Accounting

Question - Wenner Furnace Corp. purchased machinery for $493,830 on May 1, 2012. It is estimated that it will have a useful life of 10 years, salvage value of $26,550, production of 424,800 units, and working hours of 25,000. During 2013, Wenner Corp. uses the machinery for 2,650 hours, and the machinery produces 45,135 units.

From the information given, compute the depreciation charge for 2013 under each of the following methods.

(a) Straight-line

(b) Units-of-output

(d) Sum-of-the-years'-digits

(e) Double-declining-balance

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