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Exercise 9-13 Partial-period depreciation-nearest month LO3 VanHoutte Foods bought machinery on September 10, 2018, for $159,000. It was determined that the machinery would be used
Exercise 9-13 Partial-period depreciation-nearest month LO3 VanHoutte Foods bought machinery on September 10, 2018, for $159,000. It was determined that the machinery would be used for six years or until it produced 270,000 units and then would be sold for about $26,700. Complete the schedule below by calculating annual depreciation to the nearest whole month for 2018, 2019, and 2020. VanHoutte's year-end is December 31. Assume actual units produced of: (Do not round intermediate calculations.) 2018 2019 2020 34,000 70,000 55,000 Depreciation Straight-Line Units-of-Production Year 2018 2019 2020
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