Double-declining-balance method LO P1 A building is acquired on January 1, at a cost of $970,000 with an estimated useful life of 8 years and salvage value of $87,300. Compute depreciation expense for the first three years using the double-declining-balance method. (Round your answers to the nearest dollar.) End of Period Depreciation for the Period Beginning of Depreciation Depreciation Period Book Rate(%) Value Expense Annual Period Accumulated Depreciation Book Value First Year Second Year Third Year

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units