Chapter 17, Problem 10AT

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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

Explanation

**Given Information:**

The cost of pump is

**Formula used:**

The depreciation per unit is:

**Calculation:**

Consider the cost of pump is

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