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Homework Answers
A)
a) The depreciable cost. (132100-5100) = $127000
b) The straight line rate (1/10x100) = 10%
c) The annual straight line dep. (132100-5100) / 10 Years =$12700
B)
a) The depreciable cost. (165000-9600) = $155400
b) The depreciation rate. (2900miles/42000 miles x 100) = 6.90%
c) the units of activity dep. for the year(165000-9600/42000 x 2900 miles) = $10730
C)
a) Annual depreciation. (654300-64800/45 years) = $13100
b) Book value after 23 years. {(654300-64800) -(13100 x 23 years)} = $288200
c) Depreciation expense for each remaining 30 years (288200-59000/30 years) = $ 7640
D)
a). Year 1. (sales/ Fixed Assets, 1676200/605000) = 2.77
Year 2 2000955/607700) = 3.29
b) Favourable
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Please help ASAP! Thank you
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