I could use some help with the last part of this hw (b)Compute the depreciation expense under units-of-activity for 2022, assuming machine usage was 1,900 hours. (Rounddepreciable cost per unit to 2 decimal places, e.g. 0.50 and final answer to 0 decimal places, e.g. 2,125.)2022Depreciation expenseeTextbook and MediaSave for LaterAttempts: 0 of 3 usedSubmit Answer Question 2 of 90.33 / 1View PoliciesShow Attempt HistoryCurrent Attempt in ProgressCheyenne Corp. purchased a new machine on October 1, 2022, at a cost of $131,000. The company estimated that the machine willhave a salvage value of $18,500. The machine is expected to be used for 10,000 working hours during its 5-year life.(a)V Your answer is correct.Compute the depreciation expense under straight-line method for 2022.2022Depreciation expense5625eTextbook and MediaAttempts: 1 of 3 used

Units of activity method: Under units-of-activity method, depreciation is computed based on the…

(b) Compute the depreciation expense under units-of-activity for 2022, assuming machine usage was 1,900 hours. (Round depreciable cost per unit to 2 decimal places, e.g. 0.50 and final answer to 0 decimal places, e.g. 2,125.) 2022 Depreciation expense 2$

(b) Compute the depreciation expense under units-of-activity for 2022, assuming machine usage was 1,900 hours. (Round depreciable cost per unit to 2 decimal places, e.g. 0.50 and final answer to 0 decimal places, e.g. 2,125.) 2022 Depreciation expense 2$

Corporate Financial Accounting

14th Edition

ISBN:9781305653535

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter9: Long-term Assets: Fixed And Intangible

Section: Chapter Questions

Problem 9.1BE: Straight-line depreciation A building acquired at the beginning of the year at a cost of 1,450,000...

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I could use some help with the last part of this hw

(b)
Compute the depreciation expense under units-of-activity for 2022, assuming machine usage was 1,900 hours. (Round
depreciable cost per unit to 2 decimal places, e.g. 0.50 and final answer to 0 decimal places, e.g. 2,125.)
2022
Depreciation expense
eTextbook and Media
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Question 2 of 9
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Current Attempt in Progress
Cheyenne Corp. purchased a new machine on October 1, 2022, at a cost of $131,000. The company estimated that the machine will
have a salvage value of $18,500. The machine is expected to be used for 10,000 working hours during its 5-year life.
(a)
V Your answer is correct.
Compute the depreciation expense under straight-line method for 2022.
2022
Depreciation expense
5625
eTextbook and Media
Attempts: 1 of 3 used

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