Question
In: Accounting
For your analysis, you have been asked to compare methods based on a machine that cost...
For your analysis, you have been asked to compare methods based on a machine that cost $176,000. The estimated useful life is 10 years, and the estimated residual value is $33,440. The machine has an estimated useful life in productive output of 216,000 units. Actual output was 28,000 in year 1 and 24,000 in year 2. Required: 1. For years 1 and 2 only, prepare separate depreciation schedules assuming: (Do not round intermediate calculations and round your final answers to the nearest dollar amount.) a. Straight-line method.b) Units of production method and c) Double declining balance method. Use exact numbers given please
Solutions
ekkarill92 answered 2 years agoRelated Solutions
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£`000
£`000
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