Multiple Choice
A company purchased a computer on July 1,2012.The computer has an estimated useful life of 5 years and will have no salvage value.It was purchased for $10,000.It is estimated that the computer can be used for 5,000 hours.The computer was used for 450 hours during 2012.If the goal is to record higher depreciation expense in the earlier years,which method should be used?
A) Units-of-production
B) Straight-line
C) Double-declining-balance
D) First-In, First-Out
Correct Answer:
Verified
Correct Answer:
Verified
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