QUESTION 16 Winston Company uses the units-of-activity rathod in computing depreciation. A new plant asset is purchased for $42.000 that will produce an estimated 130,000 units over its useful life. Estimated salvage value at the end of its useful life is $4,000. Calculate the depreciation cost per unit. (Answer should rounded to the nearest to two decimal places, i.e. 0.4666 would be entered as 0.47)

QUESTION 16 Winston Company uses the units-of-activity rathod in computing depreciation. A new plant asset is purchased for $42.000 that will produce an estimated 130,000 units over its useful life. Estimated salvage value at the end of its useful life is $4,000. Calculate the depreciation cost per unit. (Answer should rounded to the nearest to two decimal places, i.e. 0.4666 would be entered as 0.47)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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