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The table below itemizes several assets. Assume in all cases that the asset's first and last years are full years and all assumptions and estimates
The table below itemizes several assets. Assume in all cases that the asset's first and last years are full years and all assumptions and estimates used to derive depreciation remain unchanged throughout the assets' useful lives.
Required
For each asset, calculate the depreciation expense for the first, third, fifth, and last years of useful life using the units-of-production method.
(Round depreciation per unit amounts to the nearest cent.)
For Machine A , B and C
Part 1 of 3 Points: 0 of 1 The table below itemizes several assets. Assume in all cases that the asset's first and last years are full years and all assumptions and estimates used to derive depreciation remain unchanged throughout the assets' useful lives. B (Click the icon to view the data.) Required For each asset, calculate the depreciation expense for the first, third, fifth, and last years of useful life using the units-of-production method. (Round depreciation per unit amounts to the nearest cent.) Depreciation Depreciation Machine per unit Year 1 Year 3 Year 5 Final Year Machine A Question 2 D8_29 (hookletatic LAI Cnara. Ono 1 af 5 p Data table u ation Cost $ $ $ 16,750,000 $ 750,000 3,240,000 120,000 5,360,000 410,000 Estimated residual value $ $ p am 10,000,000 units 1,000,000 units 2,200,000 units 1,060,000 units 100,000 units 125,000 units Estimated total units of production over useful life Actual production-Year 1 Actual production-Year 3 Actual production-Year 5 Actual production-Final year 1,000,000 units 160,000 units 125,000 units 112,000 units 125,000 units 1,400,000 units 750,000 units 168,000 units 125,000 units Print Done Question 2 D9.28 (bookletatic) UIA Conra. Ono 1 af 5 points -signment 7: Data table everal assets. Assu bation rema the data.) Machine A Machine B Machine C Cost $ 16,750,000 $ 3,240,000 $ 5,360,000 ne depreciation exp amounts Estimated residual value $ 750,000 $ 120,000 $ 410,000 Estimated total units of 10,000,000 units 1,000,000 units 2,200,000 units production over useful life 100,000 units 125,000 units lon Actual production-Year Actual production-Year 3 Actual production-Year 5 1,060,000 units 1,000,000 units 160,000 units 125,000 units Year 1 1,400,000 units 112,000 units 125,000 units Print Done Calculator Cleara Part 1 of 3 Points: 0 of 1 The table below itemizes several assets. Assume in all cases that the asset's first and last years are full years and all assumptions and estimates used to derive depreciation remain unchanged throughout the assets' useful lives. B (Click the icon to view the data.) Required For each asset, calculate the depreciation expense for the first, third, fifth, and last years of useful life using the units-of-production method. (Round depreciation per unit amounts to the nearest cent.) Depreciation Depreciation Machine per unit Year 1 Year 3 Year 5 Final Year Machine AStep by Step Solution
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