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At the beginning of 2020. your company buys a $28,800 piece of equipment that it expects to use for 4 years. The equipment has an

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At the beginning of 2020. your company buys a $28,800 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 4,000. The company expects to produce a total of 200,000 units. Actual production is as follows: 46,000 units in 2020, 46,000 units in 2021, 55,000 units in 2022, and 53,000 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. Required A Required B Required Required D Required E Determine the depreciable cost. Depreciable Cost Honda Required B > At the beginning of 2020, your company buys a $28,800 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 4,000. The company expects to produce a total of 200,000 units. Actual production is as follows: 46,000 units in 2020, 46,000 units in 2021, 55,000 units in 2022, and 53,000 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. Required A Required Required Required D Required Calculate the depreciation expense per year under the straight-tine method. Depreciation Expanse Por Year At the beginning of 2020, your company buys a $28,800 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 4,000. The company expects to produce a total of 200,000 units. Actual production is as follows: 46,000 units in 2020, 46,000 units in 2021,55,000 units in 2022, and 53,000 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. Required A Required B Required Required D Required E Calculate the depreciation rate per unit under the units-of-production method. (Round your answer to 3 decimal places.) Depreciation Ratn Par Unit At the beginning of 2020, your company buys a $28,800 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 4,000. The company expects to produce a total of 200,000 units. Actual production is as follows: 46,000 units in 2020, 46,000 units in 2021,55,000 units in 2022, and 53,000 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. Required A Required B Required C Required D Required E Use the units-of-production method to prepare a depreciation schedule. (Do not round your Depreciation rate per unit) Year Depreciation Expense Accumulated Depreciation Net Book Value Acquisition Cont 2020 2021 2022 2023

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