went take/secured.jsp lockdown Apps Twitch YouTube M Gmail Finance 2019 In Linkedin SoundCloud SUTSA ASAP S UTSA BlackBoard FDIC Inst A Dual QUESTIONS An asset was acquired by Rueda Inc. on October 1, 2021, for $85 with an estimated five-year life and $20 residual value. The company uses units-of-production depreciation and expects the asset to produce 50 total units. Required: 1. What is the depreciable base? 65 2. Calculate the depreciation per unit of production. 26 3. Calculate the depreciation expense each year based on actual production 2021 = 3,000 units 780 2022 = 2.000 units 520 2023 = 3.500 units 910 2024 = 4.000 units 1040 4. Calculate the accumulated depreciation accrued to Dehyd asset as of March 31, 2024 5. Calculate the book value of Dehoyas'asset as of March 31, 2024 6. Calculate the gain or loss if the asset was sold on March 31, 2024, for $70.000 7. Is your result again or a loss? Write "gain" or "os" QUESTION Alexander Company purchases Van Company for $520 cash on January 1, 2021. The book value of Vann Company's net assets reported on its December 31, 2020 balance sheet was $470. Vannis a debt-tree company. An analysis indicated that the fair value of Vann's tangibles exceeded the book value by $50, and the fair value of table intangible assets exceeded book value by $42. Required 80 DU $ 2 3 4 % 5 6 & 7 8 9 Q W E R T Y U A S D F G H went take/secured.jsp lockdown Apps Twitch YouTube M Gmail Finance 2019 In Linkedin SoundCloud SUTSA ASAP S UTSA BlackBoard FDIC Inst A Dual QUESTIONS An asset was acquired by Rueda Inc. on October 1, 2021, for $85 with an estimated five-year life and $20 residual value. The company uses units-of-production depreciation and expects the asset to produce 50 total units. Required: 1. What is the depreciable base? 65 2. Calculate the depreciation per unit of production. 26 3. Calculate the depreciation expense each year based on actual production 2021 = 3,000 units 780 2022 = 2.000 units 520 2023 = 3.500 units 910 2024 = 4.000 units 1040 4. Calculate the accumulated depreciation accrued to Dehyd asset as of March 31, 2024 5. Calculate the book value of Dehoyas'asset as of March 31, 2024 6. Calculate the gain or loss if the asset was sold on March 31, 2024, for $70.000 7. Is your result again or a loss? Write "gain" or "os" QUESTION Alexander Company purchases Van Company for $520 cash on January 1, 2021. The book value of Vann Company's net assets reported on its December 31, 2020 balance sheet was $470. Vannis a debt-tree company. An analysis indicated that the fair value of Vann's tangibles exceeded the book value by $50, and the fair value of table intangible assets exceeded book value by $42. Required 80 DU $ 2 3 4 % 5 6 & 7 8 9 Q W E R T Y U A S D F G H
