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Author Question: Solve the problem. Round unit depreciation to nearest cent when making the schedule, and round final ... (Read 80 times)

james9437

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on: Feb 26, 2020

Solve the problem. Round unit depreciation to nearest cent when making the schedule, and round final results to the nearest cent.

A construction company purchased a piece of equipment for $1710.  The expected life is 7000 hours, after which it will have a salvage value of $280.  Find the amount of depreciation for the first year if the piece of equipment was used for 1600 hours. Use the units-of-production method of depreciation.
◦ $228.00
◦ $186.67
◦ $320.00
◦ $390.86
Business Math ¦ Cleaves, Hobbs, Noble ¦ 11th Edition
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Marked as best answer by james9437 on Feb 26, 2020

Christopher

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Reply #1 on: Feb 26, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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james9437

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Reply 2 on: Feb 26, 2020
YES! Correct, THANKS for helping me on my review

jomama

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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