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At the beginning of 2 0 2 0 , your company buys a $ 3 0 , 8 0 0 piece of equipment that it

At the beginning of 2020, your company buys a $30,800 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 6,000. The company expects to produce a total of 200,000 units. Actual production is as follows: 49,000 units in 2020,51,000 units in 2021,48,000 units in 2022, and 52,000 units in 2023.
Required:
a. Determine the depreciable cost.
b. Calculate the depreciation expense per year under the straight-line method.
c. Use the straight-line method to prepare a depreciation schedule.
d. Calculate the depreciation rate per unit under the units-of-production method.
e. Use the units-of-production method to prepare a depreciation schedule.
Complete this question by entering your answers in the tabs below.
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Required B
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Required D
Determine the depreciable cost.
Depreciable Cost
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