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Assume Plain Ice Cream Company, Incorporated, in Ithaca, NY , bought a new ice cream production kit ( pasteurizer / homogenizer , cooler, aging vat,

Assume Plain Ice Cream Company, Incorporated, in Ithaca, NY, 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 $13,200. The estimated useful life was four years, and the residual value was $980. Assume that the estimated productive life of the machine was 9,400 hours. Actual annual usage was 3,760 hours in Year 1; 2,820 hours in Year 2; 1,880 hours in Year 3; and 940 hours in Year 4.Assume Plain Ice Cream Company, Incorporated, in Ithaca, NY, 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 $13,200. The estimated useful life was four
years, and the residual value was $980. Assume that the estimated productive life of the machine was 9,400 hours. Actual annual
usage was 3,760 hours in Year 1; 2,820 hours in Year 2; 1,880 hours in Year 3; and 940 hours in Year 4.
Required:
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.
Req 1A
Complete a depreciation schedule using the straight-line method.
Required:
1. Complete a separate depreciation schedule for each of the alternative methods.
Straight-line.
Units-of-production.
Double-declining-balance.
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