jet costs and is expected to fly miles during its -year life. Residual value is expected to be zero because the plane was used when acquired. If the plane travels miles the first year, how much depreciation should record under the units-of-production method?

c. $3,960,000‬

Explanation:

Using the units-of-production method of depreciation, depreciation is done per unit used.

With a residual value of zero, the formula is;

= Cost x Millage used / Useful life mileage

= 55,000,000 x 36,000,000/500,000,000

= $3,960,000‬

answeraccounts;

answer: b. false

the staff is a set of five horizontal lines and four spaces which represent a different musical pitch. the lines and the spaces are numbered from bottom to top, the bottom line is the first line and the fifth line is the line on the top. the notes on the top of the staff (fifth line) have a higher pitch than a note at the bottom of the staff.