To apply the units-of-activity method, all of the following information is needed EXCEPT the
A) original cost.
B) estimated residual value.
C) estimated useful life.
D) estimated usage.

Question

Quizplus · Accepted Answer

The units-of-activity method requires the original cost, estimated residual value, and estimated usage to calculate depreciation, but not the estimated useful life.

To Apply the Units-Of-Activity Method, All of the Following Information