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Compute depreciation under the units-of-output

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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 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.

Reference no: EM132448915

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