Speedy Delivery expects to fly the plane miles the first year, miles each year during the second, third, and fourth years, and miles the last year.
Read the requirements.
Compute Speedy Delivery's depreciation for the first two years on the plane using the straightline method, the unitsofproduction method, and the doubledeclining balance method.
a Straightline method
b Unitsofproduction method Round the depreciation per unit of output to two decimal places to compute your final answers.
Requirements
Unitsofproduction method depreciation
c Doubledeclining balance method
Show the airplane's book value at the end of the first year under each method.
Compute Speedy Delivery's depreciation for the first two years on the plane
using the following methods:
a Straightline method
b Unitsofproduction method round depreciation per mile to the
closest cent
c Doubledecliningbalance method
Show the airplane's book value at the end of the first year under each
depreciation method.
