Calculate depreciation expense using activity depreciation

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Reference no: EM132646990

Problem 1: Hopper Company purchased a weaving machine on January 1, 2009, for $44,000. The expected useful life is 10 years or production of 100,000 rugs, and its salvage value is esti- mated at $4,000. In 2009, 13,000 rugs were made, and in 2010, 14,000 rugs were made. Calculate the depreciation expense for 2009 and 2010 using activity depreciation.

Reference no: EM132646990

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