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please help with all parts At the beginning of 2017 , your company buys a $29,200 piece of equipment that it expects to use for
please help with all parts
At the beginning of 2017 , your company buys a $29,200 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 4,000 . The company expects to produce a total of 200,000 units. Actual production is as follows: 48,000 units in 2017, 45,000 units in 2018, 46,000 units in 2019, and 61,000 units in 2020. Required: a. Determine the depreciable cost. b. Calculate the depreciation expense per year under the straight-line method. c. Use the straight-line method to prepare a depreciation schedule. d. Calculate the depreciation rate per unit under the units-of-production method. e. Use the units-of-production method to prepare a depreciation schedule. Complete this question by entering your answers in the tabs below. Determine the depreciable cost. At the beginning of 2017 , your company buys a $29,200 piece of equipment that it expects to use for 4 years; The equipment has an estimated residual value of 4,000 . The company expects to produce a total of 200,000 units. Actual production is as follows: 48,000 units in 2017, 45,000 units in 2018, 46,000 units in 2019, and 61,000 units in 2020 Required: a. Determine the depreciable cost. b. Calculate the depreciation expense per year under the straight-line method. c. Use the straight-line method to prepare a depreciation schedule. d. Calculate the depreciation rate per unit under the units-of-production method. e. Use the units-of-production method to prepare a depreciation schedule. Complete this question by entering your answers in the tabs below. Calculate the depreciation expense per year under the straight-line method. At the beginning of 2017 , your company buys a $29,200 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 4,000 . The company expects to produce a total of 200,000 units. Actual production is as follows: 48,000 units in 2017, 45,000 units in 2018, 46,000 units in 2019, and 61,000 units in 2020 Required: a. Determine the depreciable cost. b. Calculate the depreciation expense per year under the straight-line method. c. Use the straight-line method to prepare a depreciation schedule. d. Calculate the depreciation rate per unit under the units-of-production method. e. Use the units-of-production method to prepare a depreciation schedule. Complete this question by entering your answers in the tabs below. Use the straight-line method to prepare a depreciation schedule. At the beginning of 2017 , your company buys a $29,200 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 4,000 . The company expects to produce a total of 200,000 units. Actual production is as follows: 48,000 units in 2017, 45,000 units in 2018, 46,000 units in 2019, and 61,000 units in 2020. Required: a. Determine the depreciable cost. b. Calculate the depreciation expense per year under the straight-line method. c. Use the straight-line method to prepare a depreciation schedule. d. Calculate the depreciation rate per unit under the units-of-production method. e. Use the units-of-production method to prepare a depreciation schedule. Complete this question by entering your answers in the tabs below. Calculate the depreciation rate per unit under the units-of-production method. (Round your answer to 2 decimal pla) At the beginning of 2017 , your company buys a $29,200 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 4,000 . The company expects to produce a total of 200,000 units. Actual production is as follows: 48,000 units in 2017, 45,000 units in 2018, 46,000 units in 2019, and 61,000 units in 2020. Required: a. Determine the depreciable cost. b. Calculate the depreciation expense per year under the straight-line method. c. Use the straight-line method to prepare a depreciation schedule. d. Calculate the depreciation rate per unit under the units-of-production method. e. Use the units-of-production method to prepare a depreciation schedule. Complete this question by entering your answers in the tabs below. Use the units-of-production method to prepare a depreciation schedule. (Do not round your Depreciation rate per uf Step by Step Solution
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