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Shenzen Company purchased a machine for BHD400000. The company expects the service life of the machine to be 5 years. During that time, it is expected that the machine's useful life will be 200000 hours. The anticipated salvage value is BHD30000. The machine was disposed of after five years of use.
Actual hours used during the five years of the asset's life was:
Year 1: 50,000 hours usedYear 2: 40,000 hours used Year 3: 35,000 hours used Year 4 : 45,000 hours used Year 5: 30,000 hours used problem 1: The 5 years deprecation schedule for machine using the following methods.
1. Deprecation expense per year ==
2. Double - declining rate =
3. Deprecation rate per- unit
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