   Chapter 17, Problem 10AT ### Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447

#### Solutions

Chapter
Section ### Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447
Textbook Problem

# Complete the following as they relate to the units-of-production method of depreciation. Round answers to the nearest tenth of a cent Salvage Units of Useful Depreciation Asset Cost Value Life per Unit 10. Pump $8,900$250 500,000 gallons

To determine

To calculate: The depreciation per unit for pump using units-of-production method when the cost of pump is $8,900. Explanation Given Information: The cost of pump is$8,900 and expected useful life of 500,000 gallons. The salvage value of pump is $250. Formula used: The depreciation per unit is: Depreciation per unit=CostSalvage valueUnits of useful life Calculation: Consider the cost of pump is$8,900 and expected useful life of 500,000 gallons. The salvage value of pump is \$250

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