Homework Answers
Answer-Given:
Cost of bulldozer=$228,000
Useful life=9 years
Salvage value=$16,000
Depreciable value=cost-salvage value
=$228,000-$16,000
=$212,000
Expected operating hours=26,500 hours
Depreciation expenses per hour of operation=Depreciable value/Expected operating hours
=$212,000/ $26,500 hours
=$8 PER HOUR
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