Ask Experts Questions for FREE Help !
Ask
    dua's Avatar
    dua Posts: 1, Reputation: 1
    New Member
     
    #1

    Mar 8, 2010, 05:40 AM
    how to calculate depreciation using machine hour rate
    meredith limited bought a machine for 30000 on ist jan 1992 and on the date estimated tha it would keep the machine for five years.at the end of the five year period the machine would have an estimated residual value of 5000.it was estimated that the machine would be used for 1000 hours in the year ended 31dec 1992 and usage would decreases by 20 percent in each successive year using the machine hour rate method of depreciation what would be the net book value of the machine on 31 dec 1995
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
     
    #2

    Mar 12, 2010, 12:04 AM

    Please see the guidelines for posting homework:
    https://www.askmehelpdesk.com/financ...-b-u-font.html

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

How to calculate Machine Hour Rate [ 5 Answers ]

Hi, I would like to understand the cost components involved in calculation of Machine Hour Rate. Regards, Karanth

Calculate the annual straight-line depreciation for a machine that costs $50,000 and [ 1 Answers ]

Calculate the annual straight-line depreciation for a machine that costs $50,000 and has installation and shipping costs that total $1000. The machine will be depreciated over a period of 10 years. The company’s marginal tax rate is 40 percent.

How do I calculate the predetermined overhead rate per hour given the following info? [ 1 Answers ]

Johansen Company uses a predetermined overhead rate based on direct labor hours to apply manufacturing overhead to jobs. The company has provided the following estimated costs for the next year: Direct materials $ 6,000 Direct labor 20,000 Rent on factory building 15,000 Sales...


View more questions Search