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Straight-Line Depreciation A building acquired at the beginning of the year at a cost of $132,100 has an estimated residual value of $5,100 and an estimated useful life of 10 years. Determine the following: (a) The depreciable cost $ 127,000 (b) The straight-line rate 0.1 X% (c) The annual straight-line depreciation 13,210 Units-of-activity Depreciation A truck acquired at a cost of $165,000 has an estimated residual value of $9,600, has an estimated useful life of 42,000 miles, and was driven 2,900 miles during the year. Determine the following. If required, round your answer for the depreciation rate to two decimal places. (a) The depreciable cost 155,400 (b) The depreciation rate (C) The units-of-activity depreciation for the year 4.0 X per mile $ 11,658 h Revision of Depreciation Equipment with a cost of $654,300 has an estimated residual value of $64,800, has an estimated useful life of 45 years, and is depreciated by the straight-line method. a. Determine the amount of the annual depreciation. $ 13,100 b. Determine the book value after 23 full years of use. $ 301,300 C. Assuming that at the start of the year 24 the remaining life is estimated to be 30 years and the residual value is estimated to be $59,000, determine the depreciation expense for each of the remaining 30 years. $8,076.66 . Fixed Asset Turnover Ratio Financial statement data for years ending December 31 for DePuy Company follow: Year 2 Year 1 Sales $2,000,955 $1,676,200 Fixed assets: Beginning of year 605,000 551,000 End of year 602,700 605,000 a. Determine the fixed asset turnover ratio for Year 1 and Year 2. Round your answers to one decimal place. Fixed asset mover Year 1 3.30 x Year 2 2.9 b. Does the change in the fixed asset turnover ratio from Year 1 to Year 2 indicate a favorable or an unfavorable change? Favorable

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