Calculate the depreciation charge for under units of production method. Round depreciation per output unit to decimal
places, eg and depreciation charge to decimal places, eg
Depreciation per output unit
$
output unit
Depreciation charge for
$
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Calculate the depreciation charge for under decliningbalance, using a rate.
Depreciation charge for Bramble Corp. purchased machinery for $ on May It is estimated that it will have a useful life of years, residual value of $ production of units, and working hours. The machinery will have a physical life of years and a salvage value of $ During Bramble used the machinery for hours and the machinery produced units. Bramble prepares financial statements in accordance with IFRS. From the information given, calculate the depreciation charge for under each of the following methods, assuming Bramble has a December year end. Calculate the depreciation charge for under straightline method. Depreciation charge for