Multiple Choice
Heatherbrae Co.uses the units-of-production method to estimate depreciation.The company purchased a new machine for $45,000 that will produce an estimated 100,000 units over its useful life.The estimated residual value of the machine is $5,000.What is the depreciation rate per unit?
A) $4.00
B) $4.50
C) $0.40
D) $0.45
Correct Answer:
Verified
Correct Answer:
Verified
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