alleryStart learning →Asset cost 70,000, scrap 10,000, output 6,000 units. Charge for 1,500 units made?
ARs 12,500
BRs 17,500
CRs 15,000
DRs 10,000
Answer & Solution
Correct answer: C. Rs 15,000
Rs 10 per unit times 1,500 units equals Rs 15,000.
Keep practising Depreciation and Amortisation
Browse all Depreciation and Amortisation questions for CA Foundation, or explore more Accounting topics.
Related questions
How does depreciation expense affect the reported net income?Depletion is most used in which group of industries?Depletion is the using up of natural resources by which activity?Cost depletion allocates the cost of a resource in proportion to what?Pooling of similar assets bought in one year helps tax systems to?Buildings are generally given what depreciable lives under tax systems?For tax depreciation, bare land generally receives?A tax system that allows a fixed percentage of cost each year is called?