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The following information applies to the questions displayed below. On October 1, 2021, the Allegheny Corporation purchased equipment for $181000. The estimated service life of

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The following information applies to the questions displayed below. On October 1, 2021, the Allegheny Corporation purchased equipment for $181000. The estimated service life of the equipment is 10 years and the estimated residual value is $5.000. The equipment is expected to produce 400,000 units during its life. Required: Calculate depreciation for 2021 and 2022 using each of the following methods. Partial-year depreciation is calculated based on the number of months the asset is in service Exercise 11-3 (Algo) Part 3 3. Units of production units produced in 2021 16,000 units produced in 2022. 31000). (Round "Depreciation per unit rate answers to 2 decimal places.) Select formula for Units al Production Depreciation: Dos Residuan Total units of production C2021 deprecated Depreciation permitate U pode 2021 100000 Depreci2021 022 depic de Den De Exercise 11-3 (Algo) Depreciation methods partial periods (L011-2] The following information apples to the questions displayed below) On October 1, 2021, the Allegheny Corporation purchased equipment for $181,000. The estimated service life of the equipment is 10 years and the estimated residual value is $5,000. The equipment is expected to produce 400,000 units during its life. Required: Calculate depreciation for 2021 and 2022 using each of the following methods. Partial-year depreciation is calculated based on the number of months the asset is in service. Exercise 11-3 (Algo) Part 3 3. Units of production (units produced in 2021, 16,000: units produced in 2022, 31000) (Round "Depreciation per unit rate" answers to 2 decimal places.) Select formula for Unite of Production Depreciation Cost Residual) / Total units of production calculate 2021 depreciation expens Depreciation per unit rate Units produced in 2021 10.000 Depreciation in 2021 C2022 depende Deprecato per unit rate Units produced in 2022 31 DOO Decation in 2022

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