Equipment acquired at a cost of 400000 has an estimated, Financial Accounting

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Equipment acquired at a cost of 400000 has an estimated

Units-of-Output Depreciation

Equipment acquired at a cost of $400,000 has an estimated residual value of $22,600, has an estimated useful life of 51,000 hours, and was operated 5,100 hours during the year. Determine the following. If required, round your answer for the depreciation rate to two decimal places.

(a) The Depreciable Cost $

(b) The Depreciation Rate $ per hour

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Financial Accounting: Equipment acquired at a cost of 400000 has an estimated

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