Does anybody know how to work out the Depreciation for cost of sales when
Land & Buildings cost - £125,500
Accumulated depreciation - £15,000
Plant & Equipment cost - £40,000
Accumulated depreciation - £14,400
Land which is not depreciated is included in the trial balance at £50,500,000. It is to be revalued at £60,000,000.
Depreciation is apportioned ;
Cos of sales -50%
Distribution - 20%
Amin Expense - 30%
Please could anyone explain how to work out the Cost of sales depreciation
Thank you
Land & Buildings cost - £125,500
Accumulated depreciation - £15,000
Plant & Equipment cost - £40,000
Accumulated depreciation - £14,400
Land which is not depreciated is included in the trial balance at £50,500,000. It is to be revalued at £60,000,000.
Depreciation is apportioned ;
Cos of sales -50%
Distribution - 20%
Amin Expense - 30%
Please could anyone explain how to work out the Cost of sales depreciation
Thank you