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Check my werk E8-9 (Algo) Computing Depreciation under Alternative Methods LO8-3 Assume Organic Ice Cream Company, Inc., bought a new ice cream production Kit (pasteurizer/homogenizer
Check my werk E8-9 (Algo) Computing Depreciation under Alternative Methods LO8-3 Assume Organic Ice Cream Company, Inc., 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 $10,000. The estimated useful life was four years, and the residual value was $900. Assume that the estimated productive life of the machine was 9,100 hours Actual annual usage was 3,640 hours in Year 1 2730 hours in Year 2, 1820 hours in Year 3, and 910 hours in Year 4 Required: 1. 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. Reg 1A Reg 1B Reg 10 Complete a depreciation schedule using the Straight-line method. (Do not round Intermediate calculations.) AL UIT Check my work c. Double-declining balance. Complete this question by entering your answers in the tabs below. Req 1A Reg 18 Req 1C Complete a depreciation schedule using the units-of-production method. (Use two decimal places for the per unit output factor. Do not round intermediate calculations.) Year Depreciation Expense Accumulated Depreciation Net Book Value At acquisition 1 2 3 4 Check my work M. HULU. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Redc Complete a depreciation schedule using the double-declining balance method. (Do not round intermediate calculations.) Year Depreciation Expense Accumulated Depreciation Net Book Value At acquisition 1 2 3 4
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