Refer to Fabian Woodworks. Based on the information presented above, what method of depreciation will maximize depreciation expense in 2013?
A)straight-line
B)double-declining-balance
C)units-of-production
D)All methods produce the same expense in 2013.

Question

Quizplus · Accepted Answer

The double-declining-balance method accelerates depreciation in the earlier years of an asset's life, which will result in a higher depreciation expense for 2013 compared to the straight-line or units-of-production methods. Therefore, choosing the double-declining-balance method will maximize depreciation expense in 2013.