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Please help! I really need to pass accounting :) Exercise 9-3 a-b (Part Level Submission) Sandhill Ltd. purchased a new machine on April 4, 2014,
Please help! I really need to pass accounting :)
Exercise 9-3 a-b (Part Level Submission) Sandhill Ltd. purchased a new machine on April 4, 2014, at a cost of $190,400. The company estimated that the machine would have a residual value of $14,000. The machine is expected to be used for 9,800 working hours during its four year lifc. Actual machine usage was 1,400 hours in 2014; 2,200 hours in 2015; 2,300 hours in 2016; 2,100 hours in 2017; and 1,800 hours in 2018. Sandhill has a December 31 year cnd. (a) Colculate depreciation for the machine under esch of the following methods: (Round expense per unit to 2 decimal places, e.g. 2.75 and final answers to O decimal places, e.g. 5,275.) (1) Straight-line for 2014 through to 2018. 2014 expense 2015 expense s 2016 expense s 2017 expense 2018 expense (2) Diminishing-balance using double the straight-line rate for 2014 through to 2018 2014 expense s 2015 expense s 2016 expense 2017 expense s 2018 expense s (3) Units of production for 2014 through to 2019. 2014 cxpense s 2015 expense 2016 oxpense 2017 expense s 2018 expense sStep by Step Solution
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