The Flintstone Construction Company delivers dirt and stone from local quarries to its construction sites. A new truck that was purchased for a cost of $119,000 at thebeginning of the year was expected to deliver 202,000 tons over its useful life. The following is a breakdown of the tons delivered during the year to eachconstruction site:Construction Sites:Multiple ChoiceC$17,144Tons Delivered:How much truck depreciation should be allocated to Site A?Note: Do not round Intermediate calculations. Round your answer to the nearest dollar.$1,296$1,190A2,200None of the answers are correct.B3,700C4, 200D1,700

Activity unit depreciation is a method of calculating the depreciation expense of an asset based on…

beginning of the year was expected to deliver 202,000 tons over its useful life. The following is a breakdown of the tons delivered du construction site: Construction Sites: A 2,200 Multiple Choice B 3,700 с 4,200 D 1,700 Tons Delivered: How much truck depreciation should be allocated to Site A? Note: Do not round Intermediate calculations. Round your answer to the nearest dollar.

beginning of the year was expected to deliver 202,000 tons over its useful life. The following is a breakdown of the tons delivered du construction site: Construction Sites: A 2,200 Multiple Choice B 3,700 с 4,200 D 1,700 Tons Delivered: How much truck depreciation should be allocated to Site A? Note: Do not round Intermediate calculations. Round your answer to the nearest dollar.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter11: Long-term Assets

Section: Chapter Questions

Problem 4EA: Montello Inc. purchases a delivery truck for $15,000. The truck has a salvage value of $3,000 and is...

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Montello Inc. purchases a delivery truck for $15,000. The truck has a salvage value of $3,000 and is expected to be driven for 120,000 miles. Montello uses the units-of-production depreciation method and in year one it expects to use the truck for 23,000 miles. Calculate the annual depreciation expense.
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The Flintstone Construction Company delivers dirt and stone from local quarries to its construction sites. A new truck that was purchased for a cost of $122,000 at the beginning of the year was expected to deliver 122,000 tons over its useful life. The following is a breakdown of the tons delivered during the year to each construction site: Construction Sites: Tons Delivered: Multiple Choice $12,767 $1,400 A 1,400 How much truck depreciation should be allocated to Site A? (Do not round intermediate calculations. Round your answer to the nearest dollar.) $1,220 B 2,900 None of the answers are correct. с 3,400 D 900
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