o i Cengage Cengager Chegg Study Accounting q 21 Womens Swe

o i Cengage Cengager × Chegg Study Accounting q 21 Women\'s Swe Electronics C 21Waiting for r O curl pudding + v LT X v2 cengagenow.com/ilm Assignmentain do?invoker-assignments takeAssignmen Session cator-assignment-takem Ch 10-3 Exercises & Problems eBook Show Me How Calculator Print item Depreclation by Units-of-activity Method A diesel-powered tractor with a cost of $208,060 and estimated residual value of $5,000 is expected to have a useful operating life of 71,000 hours. During April, the tractor was operated 200 hours. Determine the depreciation for the month. If required, carry out any division to two decimal places. 1. EX.10-15.BLANKSHEET AL.. 2. EX.10-09.ALGO 3. EX.10-07.ALGO 4. EX. 10-16.BLANKSHEETAL... 5. EX. 10-17.ALGO 6. EX.10-19.ALGO Check My Work 2 more Check My Work uses remalning Previous Next Progress: 3/6 items Assignment Score: 0.0% All work saved. Email Instructor Save and Exit Submit Assignment for Grading | 11:58 PM Type here to search 2/1/2018 23

Solution

Cost of tractor = $208,060

Residual value = $5,000

Useful life = 71,000 hours

Operated hour of the tractor in April = 200 hours

Depreciation for the month of April = (Cost of tractor - Residual value) × Operated hour of the tractor in April ÷ Useful life = (208,060-5,000)×200÷71,000 = 203,060×200÷71,000 = $572