Equipment with a cost of ¥320,000 has an estimated residual value of ¥20,000 and an estimated life of 4 years or 15,000 hours.It is to be depreciated using the units-of-activity method.What is the amount of depreciation for the first full year, during which the equipment was used 3,300 hours?

Question

Quizplus · Accepted Answer

The Answer of Equipment with a cost of ¥320,000 has an estimated residual value of ¥20,000 and an estimated life of 4 years or 15,000 hours.It is to be depreciated using the units-of-activity method.What is the amount of depreciation for the first full year, during which the equipment was used 3,300 hours?

Equipment with a Cost of ¥320,000 Has an Estimated Residual