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On January 5, 2019 Williams company purchased equipment for on January 5, 2019 Williams company purchased equipment for $477,000 that had an estimated useful life
On January 5, 2019 Williams company purchased equipment for on January 5, 2019 Williams company purchased equipment for $477,000 that had an estimated useful life of four years or 226,000 units of product. The estimated salvage value was $25,000. actual production data for the first three years were: 2019 - 45,000 units ; 2020 - 61,000 units and 2021 - 51,000 units.
On January 5, 2019, Williams Company purchased equipment for $477,000 that had an estimated useful life of four years or 226,000 units of product. The estimated salvage value was $25,000. Actual production data for the first three years were: 2019-45,000 units; 2020-61,000 units, and 2021-51,000 units. Required: Compute each year's depreciation and the end-of-year accumulated depreciation under the straight-line method and the units-of-output method. Analyze: Would the total depreciation taken over the five-year life depend on which of the two methods is used? Complete this question by entering your answers in the tabs below. Straight Line Units of Output Analyze Compute each year's depreciation and the end-of-year accumulated depreciation under the straight-line method. voulu tie total depreciation taken over the five-year life depend on which of the two methods is used? Complete this question by entering your answers in the tabs below. Straight Line Units of Output Analyze Compute each year's depreciation and the end-of-year accumulated depreciation under the straight-line method. STRAIGHT-LINE METHOD Salvage Useful Life Year Acquisition Cost Value Annual Depreciation Accumulated Depreciation 2019 years 2020 2021 years years Units of Output > Would the total depreciation taken over the five-year life depend on which of the two methods is used? Complete this question by entering your answers in the tabs below. Straight Line Units of Output Analyze Compute each year's depreciation and the end-of-year accumulated depreciation under the units-of-output method. Year Acquisition Cost Salvage Value UNITS-OF-OUTPUT METHOD Total Expected Actual Units Cost per Units of of Production unit Production Annual Depreciation Accumulated Depreciation 2019 2020 2021 Would the total depreciation taken over the five-year life depend on which of the two methods is used? Complete this question by entering your answers in the tabs below. Straight Line Units of Output Analyze Would the total depreciation taken over the five-year life depend upon which method is used? Would the total depreciation taken over the five-year life depend upon which method is used? required: compute each years depreciation in the end of your accumulated depreciation under a straight line method of the units of output method
analyze: what's the total depreciation taking over the five year life depend on which of the two methods is used?
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