Multiple Choice
Use the following information for questions
On January 1, 2012, Baker Corp purchased equipment for $55,000. It was expected to last 8 years, after which it will be sold for $3,000. It is expected to be used for a total of 8,000 machine hours, and was used for 900 hours in 2012.
-The depreciation expense for 2012 using the units-of-production method will be
A) $5,850.
B) $6,188.
C) $6,500.
D) $13,750.
Correct Answer:
Verified
Correct Answer:
Verified
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