Homework Answers
| Depreciaiton as per Double Declinng Depreciaiton |
| DDB Rate= 1/ Useful life X 200% |
| 1/8X200%=25% |
| Year-1 |
| (76000*25%)=$19000 |
| Year-2 |
| (76000-19000)*25%=14250 |
| Depreciaiton as per 150% Declinng Depreciaiton |
| Depreciation Rate= 1/ Useful life X150% |
| 1/8X150%=18.75% |
| Year-1 |
| (76000*18.75%)=$14250 |
| Year-2 |
| (76000-14250)*18.75%=11578 |
| Statement showing Comparison | ||
| Year-1 | Year-2 | |
| Double Declining Balance | $19,000.00 | $14,250.00 |
| 150% Declining Balance | $14,250.00 | $11,578.00 |
| Difference | $4,750.00 | $2,672.00 |
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