Chapter 10 eBook Show Me How E Calculator L 1 PE 10018 2. PE 10.02 ALGO Straight-Line Depreciation Equipment acquired at the beginning of the year at a cost of 5470,000 has an estimated residus volue of $62,000 and an estimated useful life of five years, Determine the following The depreciable cost b. The straight-line rate c. The annual straight-line depreciation 3. TMM 1002 4. PE 10.05. ALGO 5. EX.10.08 BLANKSHEET 6. EX 100% ALGO 7. PE 10.02B EXCEL ALGO 8. PE 10 008 EXCEL ALGO 9. EX 10.10 EXCEL ALGO 10. PR 10.02. ALGO Chapter 10 eBook Show Me How Calculate Unt of Activity Depreciation 1. PE 10.01B 2. PE 10.02. ALOO 3. TMM 1002 A truck acquired at a cost of $180,000 has an estimated resite of $9,000, has an estimated useful life of 30,000 miles, and was driven 2,100 miles during the year. Determine the folowing. If required, round your answer for the depreciation rate to two decimal places. a. The depreciable cost b. The depreciation rate per me The units-of-activity depreciation for the year 4. PE 10:05 ALGO 5. EX 1008 BLANKSHEET EX 1008 ALCO .. 7. P.10028 EXCEL ALGO 1. PE 1000 EXCEL ALGO . 5.X.10.10 EXCEL.A.CO 10 PR 1002 ALGO com ebook Show Me How Office 365 Chapter 10 Calculator 1 PE 10.010 .. 2. PE 1002 ALGO Units-of-activity depreciation Atractor squired at a cost of $710,000 has an estimated residual value of $215,500, has an estimated useful life of 43,000 hours, and was operated 4,480 hours during the year This formation has been collected in the Microsoft Ercel Online e Open the spreadsheet, perform the required analysis, and input your answers in the Questions below 3. TMM 10.02 4. PE 10.05 ALCO 5. EX 10.08 BLANKSHEET Opera 6. EX 10 8 ALGO 7. PE 10.026 EXCEL ALGO Determine the following Round your answer for depreciation rate to two decimal places a. The depreciable cost 8. PE 10.09B.EXCEL ALGO per hour b. The depreciation rate Theunt-of-activity depreciation for the year 9. DX 10.10 EXCEL ALCO 10. PR 1002 ALGO Chapter 10 BOG E Show Me HOW Ofice 365 Calculator 1 PE 10.018 Depreciation by two methods A storage tank acquired at the beginning of the fiscal year at a cost of $108,000 has an estimated residual value of $10,000 and an estimated useful life of 10 years. This information has been collected in the Microsoft Excel Online fille Open the spreadsheet, perform the required analysis, and input your answers in the questions below 2. PE 10.02 ALGO 3. TMM 10.02 4. PE.10.05 ALGO 5. EX 10 09 BLANKSHEET Open spreadsheet 6. EX 10 08 ALGO a. Determine the amount of annual depreciation by the straightine metodRound your answer to the nearest dotar 7. PE 10.02B EXCEL ALGO BPE 10.000 EXCEL ALGO D. Determine the amount of depreciation for the instant second year computed by the dig ble method. Do not round the double-declining balance at Round your answers to the nearest Depreciation 9 E 10 10 EXCEL ALOE Year 10. PR 10.02 ALGO Year 2 5 Chapter 10 eBook E Show Me How Calculator 1. PE 10.018 2. PE 10.02 ALGO 3 TUM 10 02 4. PE:10.05. ALGO 5. EX.10.08 BLANKSHEET Comparing Three Depreciation Methods Dexter Industries purchased packaging equipment on January for $494,800. The equipment was expected to have a useful life of three years, or 5,100 operating hours, and a real value of $40,900. The equipment was used for 2,010 hours during Year 1, 1,581 hours in Year 2, and 1,479 hours in Year 3. Required 1. Determine the amount of depreciation expense for the three years anding December 31 by (a) the straight line method, (b) the units of activity method, and the double-dining balance method. Also determine the total depreciation expense for the three years by each method. For all methods, round the answer for each year to the nearest whole dollar Depreciation Expense Year Straight-Line Method Units-of-Activity Method Double-Declining-Balance Method Year! 6. EX 100B ALGO 7. PE 10 02B EXCEL ALGO Year 2 B. PE 10 096 EXCEL ALGO 5 Years 9. EX 1010 EXCEL ALGO Tot 10 PR 1002 ALGO 2. What the themes depreciation for Year 1
