K At the beginning of last year, Brentwood Corporation purchased a piece of heavy equipment...
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K At the beginning of last year, Brentwood Corporation purchased a piece of heavy equipment for $29,000. The equipment has a life of five years or 100,000 hours. The estimated residual value is $9,000. Bremond used the equipment for 16,000 hours last year and 22,000 hours this year. Depreciation expense for year two using double-declining-balance (DDB) and units-of-production (UOP) methods would be as follows: (Carry all rates to two decimal places, .XX) OA. DDB UOP $6,960 $4,400 OB. DDB UOP $4,800 $6,380 OC. DDB UOP $4,800 OD. DDB $4,400 UOP $6,960 $6,380
At the beginning of last year, Brentwood Corporabion purchasted a plece of theavy equipment for $29,000. The equipment has a life of five years or 100,000 hours. The estimated residual value is $9,000. Bremond used the equipment for 16,000 hours Last year and 22,000 hours this year. Depreoiation expense for year two using double-declining-balance (DDB) and units-ol-production (UOP) methods would be as follows: (Carry all cates io two decimal places, XX ) A. DDB UOP $6.960%$4,400 B. DOB OP $4.600$6.390 c. DDE UOP $4.800$4.400 D. DDE UOP $6,960$6,360
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