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E 9 - 7 ( Algo ) Computing and Recording Units - of - Production Depreciation [ LO 9 - 3 ] Mittal Companies bought

E9-7(Algo) Computing and Recording Units-of-Production Depreciation [LO 9-3]
Mittal Companies bought a machine at the beginning of the year at a cost of $27,000. The estimated useful life was five years and the
residual value was $2,000. Assume the estimated productive life of the machine is 12,500 units. Expected annual production was year
1,2,500 units; year 2,3,500 units; year 3,2,500 units; year 4,2,500 units; and year 5,1,500 units.
Required:
Complete a depreciation schedule for the units-of-production method.
Prepare the journal entry to record Year 2 depreclation.
Complete this question by entering your answers in the tabs below.
Complete a depreciation schedule for the units-of-production method. (Do not round intermediate calculations. Round final
answers to the nearest whole dollars.)
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