Help E8-9 (Algo) Computing Depreciation under Alternative Methods LO8-3 Assume Organic Ice Cream Company, Inc., bought a

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Help E8 9 Algo Computing Depreciation Under Alternative Methods Lo8 3 Assume Organic Ice Cream Company Inc Bought A 1 (30.5 KiB) Viewed 31 times

Help E8 9 Algo Computing Depreciation Under Alternative Methods Lo8 3 Assume Organic Ice Cream Company Inc Bought A 2 (33.58 KiB) Viewed 31 times

Help E8 9 Algo Computing Depreciation Under Alternative Methods Lo8 3 Assume Organic Ice Cream Company Inc Bought A 3 (29.1 KiB) Viewed 31 times

Help E8-9 (Algo) Computing Depreciation under Alternative Methods LO8-3 Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freezer, and filling machine) at the beginning of the year at a cost of $16,800. The estimated useful life was four years, and the residual value was $1,280. Assume that the estimated productive life of the machine was 9.700 hours. Actual annual usage was 3,880 hours in Year 1; 2,910 hours in Year 2; 1,940 hours in Year 3; and 970 hours in Year 4. Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Reg 1A Req 18 Req 1C Complete a depreciation schedule using the Straight-line method. (Do not round intermediate calculations.) Not Year Depreciation Accumulated Expense Depreciation Book Value 16,600 At acquisition 1 $ 3,880 2 $ 3,880 3 3,880 4 3.880 3 of 9 Next > S $ < Prev Save & Exit Subm
Saved Help E8-9 (Algo) Computing Depreciation under Alternative Methods LO8-3 Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freezer, and filling machine) at the beginning of the year at a cost of $16,800. The estimated useful life was four years, and the residual value was $1,280. Assume that the estimated productive life of the machine was 9,700 hours. Actual annual usage was 3,880 hours in Year 1; 2,910 hours in Year 2; 1,940 hours in Year 3; and 970 hours in Year 4. Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Reg 1A Req 18 Req 1C Complete a depreciation schedule using the units-of-production method. (Use two decimal places for the per unit output factor. Do not round intermediate calculations.) Year Depreciation Accumulated Expense Net Depreciation Book Value At acquisition 1 2 3 Sa
E8-9 (Algo) Computing Depreciation under Alternative Methods LO8-3 Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freezer, and filling machine) at the beginning of the year at a cost of $16,800. The estimated useful life was four years, and the residual value was $1,280. Assume that the estimated productive life of the machine was 9,700 hours. Actual annual usage was 3,880 hours in Year 1: 2,910 hours in Year 2; 1,940 hours in Year 3; and 970 hours in Year 4. Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Reg 1A Reg 16 Req 1C Complete a depreciation schedule using the double-declining-balance method. (Do not round intermediate calculations.) Net Depreciation Accumulated Expense Depreciation Book Value At acquisition 1 2 3 4 3 of 9 www Next > HE < Prev