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Determine the units-of-output depreciation for the year

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Reference no: EM133018679

Problem - Copy equipment was acquired at the beginning of the year at a cost of $77,140 that has an estimated residual value of $7,000 and an estimated useful life of 5 years. It is estimated that the machine will output an estimated 1,169,000 copies. This year, 214,000 copies were made.

Required -

a. Determine the depreciable cost.

b. Determine the depreciation rate.

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

Reference no: EM133018679

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