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please can you include workings , there are 2 parts Assume Plain Ice Cream Company, Incorporated, in Ithaca, NY, bought a new ice cream production
please can you include workings , there are 2 parts
Assume Plain Ice Cream Company, Incorporated, in Ithaca, NY, bought a new ice cream production kit (pasteurizer/homogenizer, coolet, aging vat, freezer, and filling machine) at the beginning of the year at a cost of $13,200. The estimated useful life was four years, and the residual value was $980. Assume that the estimated productive life of the machine was 9,400 hours. Actual annual usage was 3,760 hours in Year 1; 2,820 hours in Year 2; 1,880 hours in Year 3; and 940 hours in Year 4. Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production, c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Complete a depreciation schedule using the units-of-production method. Note: Use two decimal places for the per unit output factor. Do not round intermediate calculations. b. Units-of-production. c. Double-declining-balance. Complete this question by entering your answers in the tabs below. Complete a depreciation schedule using the double-declining-balance method Step by Step Solution
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