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EB-9 Computing Depreciation under Alternative Methods LO8-3 SCookie Company, Inc., in Murfreesboro, TN bought a new ice cream maker at the beginning of the year
EB-9 Computing Depreciation under Alternative Methods LO8-3 SCookie Company, Inc., in Murfreesboro, TN bought a new ice cream maker at the beginning of the year at a cost of $12,000. The estimated useful life was four years, and the residual value was $960. Assume that the estimated productive life of the machine was 9,200 hours. Actual annual usage was 3,680 hours in year 1; 2,760 hours in year 2:1,840 hours in year 3; and 920 hours in year 4. Required: 1. Complete a separate depreciation schedule for each of the alternative methods. (Do not round intermediate calculations.) Year Depreciation Accumulated ExpenseDepreciation Book Val At b. Units-of-production (use four decimal places for the per unit output factor). Depreciation Accumulated pense Depreciation Bok At Year Book pense Depreciation Value At tion
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