Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 04 Apr 2018 My Price 9.00

Purity Ice Cream Company

Purity Ice Cream Company bought a new ice cream maker at the beginning of the year at a cost of $10,000. The estimated useful life was four years, and the residual value was $1,000. Assume that the estimated productive life of the machine was 9,000 hours. Actual annual usage was 3,600 hours in year 1; 2,700 hours in year 2; 1,800 hours in year 3; and 900 hours in year 4.

 

Required:
1.

Complete a separate depreciation schedule for each of the alternative methods. (Do not round intermediate calculations.)

 

a.

Straight-line.

   
 
 
Year Depreciation Expense Accumulated Depreciation Net Book Value
At acquisition      
1      
2      
3      
4      

 

    
         

 

b. Units-of-production (use four decimal places for the per unit output factor).

 

   

 

 
 
Year Depreciation Expense Accumulated Depreciation Net Book Value
At acquisition      
1      
2      
3      
4      

 

         

 

c. Double-declining-balance.

 

   

 

 
 
Year Depreciation Expense Accumulated Depreciation Net Book Value
At acquisition      
1      
2      
3      
4  

 

Answers

Maurice Tutor
(5)
Status NEW Posted 04 Apr 2018 06:04 PM My Price 9.00

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