zitterkoph
07.05.2020 •
Business
On January 2, 2018, the Matthews Band acquires sound equipment for concert performances at a cost of $66,400. The band estimates it will use this equipment for four years, during which time it anticipates performing about 200 concerts. It estimates that after four years it can sell the equipment for $1,000. During year 2018, the band performs 45 concerts.
Compute the year 2018 depreciation using the units-of-production method.
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Ответ:
14,715
Explanation:
The computation of depreciation using the units-of-production method is shown below:-
Depreciation per concert = (Original cost - Salvage value) ÷ Estimated total concerts
= $66,400 - $1,000) ÷ 200
= $65,400 ÷ 200
= 327
Depreciation in 2018 = Concerts in 2018 × Depreciation per concert
= 45 × 327
= 14,715
Ответ:
yeah nee help
Explanation: