on January 1. 2020, at a cost of 120000S. The company estimated that the machine will have a residual value of 12000$. The machine is expected to be used for 12000 working hours during its 4 year life, the depreciation expense under unit of activity method for 2020 assuming machine usage was 1700 hours a. 20400$ O b. 17000Ś O c. 8500$ 15300S

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Winston Printing purchased a new machine on January 1. 2020, at a cost of 120000$. The company
estimated that the machine will have a residual value of 12000$. The machine is expected to be used for
12000 working hours during its 4 year life, the depreciation expense under unit of activity method for 2020,
assuming machine usage was 1700 hours
O a.
20400$
O b. 17000S
O c.
8500$
O d. 1530OS
Transcribed Image Text:Winston Printing purchased a new machine on January 1. 2020, at a cost of 120000$. The company estimated that the machine will have a residual value of 12000$. The machine is expected to be used for 12000 working hours during its 4 year life, the depreciation expense under unit of activity method for 2020, assuming machine usage was 1700 hours O a. 20400$ O b. 17000S O c. 8500$ O d. 1530OS
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