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Enabled: Final Exam Winter 2 0 2 4 aved 9 0 : 4 1 Help On January 2 , 2 0 2 1 , Archer

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Enabled: Final Exam Winter 2024
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On January 2,2021, Archer Company, a skateboard manufacturer, installed a computerized machine in its factory at a cost of Company's year-end is December 31.
$160,800. The machine's useful life was estimated at four years or a total of 190,000 units with a $24,000 trade-in value. Archer
intermediate calculations.)
Calculate depreciation for each year of the machine's estimated useful life under each of the following methods: (Do not round
a. Straight-line
b. Double-declining-balance
c. Units-of-production, assuming actual units produced were:
Year
Units
2021
38,500
2022
41,450
2023
52,800
2024
58,000
Save & Exit
Submit
Year
Straight-Line
Double-Declining-Balance
Units-of-ProductionEnabled: Final Exam Winter 2024
aved
9
0:41
Help
On January 2,2021, Archer Company, a skateboard manufacturer, installed a computerized machine in its factory at a cost of Company's year-end is December 31.
$160,800. The machine's useful life was estimated at four years or a total of 190,000 units with a $24,000 trade-in value. Archer
intermediate calculations.)
Calculate depreciation for each year of the machine's estimated useful life under each of the following methods: (Do not round
a. Straight-line
b. Double-declining-balance
c. Units-of-production, assuming actual units produced were:
Year
Units
2021
38,500
2022
41,450
2023
52,800
2024
58,000
Save & Exit
Submit
Year
Straight-Line
Double-Declining-Balance
Units-of-Production
image text in transcribed

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