Problem $8-2$A:

General Instructions:

All calculations should be rounded to whole numbers except the depreciation rate per unit and the percent depreciation

rate for the double$-$declining balance annual rate. The depreciation rate per unit should be rounded to two decimal places.

The double$-$declinging balance depreciation annual rate should be rounded to whole percentages.

Calculations should all be embeded in the individual cells.

All numbers should be linked.

All numbers and calculations should be properly formatted.

In this assignment there is no need for report headings.

ASSSUMPTIONS:

Machine cost

Estimated useful life in years

Estimated useful life in units of production $,475,000$ units produced

Estimate salvage value

Note: For the units of production method the total number of units produced by the end of year $4$

exceeds the original estimate. This difference was not predicted.

Part $1$: Complete the following table

Part $2$: Calculate annual straight$-$line depreciation

Untis of

Production

Declining

Year

Straight$-$line

$1$

$2$

$3$

$4$

Totals

Depreciation Expense by Year

Balance

Balance