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Time-apportionment of depreciation in contract revenue

This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.

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June 2, 2017 at 2:13 pm #389723
kengara
Member
- Topics: 197
- Replies: 107
Mr Mike, I show just the answer behind the book, it was not my answer.
Please, I need the time apportionment amount of 9000 but you did not show it.
June 2, 2017 at 2:20 pm #389724
MikeLittle
Keymaster
- Topics: 27
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$9,000 to be expensed over 18 months = $500 per month
The period that we are looking at is 6 months = $3,000 plant cost to date
Surely, please tell me that I’m correct, the rest is straight-forward
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