Homework Help: Accounting-HELP ME!

Posted by Nick on Tuesday, September 27, 2011 at 8:35pm.

A company purchased machinery for $660,000 on May 1,2008. It is estimated that it will have a useful life of ten years,salvage value of $45,000, production of 350,000 units, and working hours of 60,000. During 2009 the company uses the machinery 3,050 hours, and the machinery produces 36,000 units.
The straight line is $660,000 -$45,000/10 = $61,500, but how do I set up the units of output for this problem?

Accounting-HELP ME! - SraJMcGin, Tuesday, September 27, 2011 at 8:47pm
Try some of the following links for information:

http://www.google.com/search?q=how+to+set+up+units+of+output+in+accounting&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a

Sra

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