What is the depreciation cost per unit

Assignment Help Financial Accounting
Reference no: EM131816107

Whippet bus lines uses the units of activity method in depreciating it's buses one bus was purchased on January 1,2017 at a cost of $105,000 over its 4 years useful life the bus is expected to be driven 190,000 miles salvage value is expected to be $8,100 so what is the depreciation cost per unit and could you answer the years also 2017/2018/2019/2020

Reference no: EM131816107

Questions Cloud

Find the probability that the laser beam device : (a) Find the probability that the laser beam device will wear out in 5000 hours or less
Economic rationales for these two tax plans of two parties : What are the economic rationales for these two tax plans of the two parties?
Compute total discretionary fixed costs : Identifying Discretionary and Committed Fixed Costs Identify and compute total discretionary fixed costs and total committed fixed costs from the following.
Explain what measures are utilized in non-union environments : Discuss the five principles that govern the arbitration of grievances under collective bargaining. Explain what measures are utilized in non-union environments?
What is the depreciation cost per unit : What is the depreciation cost per unit and could you answer the years - Whippet bus lines uses the units of activity method in depreciating
Considering project that has the cash flow data : Modern Refurbishing Inc. is considering a project that has the following cash flow data. What is the project's IRR?
Us bureau of economic statistics reports : The U.S. Bureau of Economic Statistics reports that the average annual salary in the metropolitan Boston area is $50,542
Variable of interest quantitative or categorical : Prospective subjects for a study had their blood pressures recorded.
What was the budgeted volume in units for may : Stoker Corporation applies fixed overhead at the rate of $0.65 per unit. What was the budgeted volume in units for May

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd