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Compute depreciation under the straight-line

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Question - Splish Company purchased machinery for $161,700 on January 1, 2017. It is estimated that the machinery will have a useful life of 20 years, salvage value of $14,700, production of 79,400 units, and working hours of 43,700. During 2017, the company uses the machinery for 20,102 hours, and the machinery produces 24,614 units.

Compute depreciation under the straight-line, units-of-output, working hours, sum-of-the-years'-digits, and double-declining-balance methods.

Reference no: EM131730370

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