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Complete this question by entering your answers in the tabs below. Calculate the depreciation expense per year under the straight-line method. Complete this question by
Complete this question by entering your answers in the tabs below. Calculate the depreciation expense per year under the straight-line method. Complete this question by entering your answers in the tabs below. Determine the depreciable cost. Complete this question by entering your answers in the tabs below. Calculate the depreciation rate per unit under the units-of-production method. (Round your answer to 2 decimal places.) Complete this question by entering your answers in the tabs below. At the beginning of 2020 , your company buys a $30,000 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of $2,000. The company expects to produce a total of 200,000 units. Actual production is as follows: 44,000 units in 2020,53,000 units in 2021,51,000 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. Use the straight-line method to prepare a depreciation schedule
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