A concrete and rock crusher for demolition work has been purchased for $50,000, and it has an estimated SV of $10,000 at the

Question

3 years ago

5

A concrete and rock crusher for demolition work has been purchased for $50,000, and it has an estimated SV of $10,000 at the

end of its five-year life. Engineers have estimated that the following units of production (in m3 of crushed material) will be contracted over the next five years. Using the units of production depreciation method, what is the depreciation allowance in year two, and what is the BV at the end of year two?

Business

1 answer:

solong [7] · Answer 1 · 2022-03-21T16:03:39+03:00

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

A concrete and rock crusher for demolition work has been purchased for $50,000, and it has an estimated SV of $10,000 at the end of its five-year life.

Annual depreciation= [(original cost - salvage value)/useful life of production in units]*units produced

Book value= Original cost - accumulated depreciation

A concrete and rock crusher for demolition work has been purchased for ​$50,000​, and it has an estimated SV of ​$10,000 at the

A concrete and rock crusher for demolition work has been purchased for $50,000, and it has an estimated SV of $10,000 at the