Pentec Ltd has just acquired 5 new computers for $29,000 in total and paid a further $1,000 to have additional zip drives added. The computers are expected to have a useful life of 5 years and its salvage value is expected to be $3,000. Pentec Ltd has decided to apply the declining balance method of calculating depreciation. What is the first 2 years depreciation charge on the computers?
Definitions:
Experience-curve Pricing
A pricing strategy that lowers the cost of a product over time as the production processes become more efficient with experience.
Experience-curve Pricing
A pricing strategy based on the concept that costs decline and efficiency improves over time with accumulated production experience.
Experience-curve Pricing
A pricing strategy based on the idea that costs per unit decrease with increasing scale of production due to gained efficiencies and experience.
Cost-plus-percentage-of-cost Pricing
A pricing strategy where the selling price is determined by adding a specific percentage of profit margin to the total cost of the product or service.
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