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Category > Business & Finance Posted 25 May 2017 My Price 8.00

Thunderbird Manufacturing purchased

Thunderbird Manufacturing purchased a new stamping machine for $45,000 with a salvage value of $5,000. For depreciation purposes, the machine is expected to have a useful life of 250,000 units of production. Complete the following depreciation schedule by using the units-of-production method:

Thunderbird Manufacturing, Inc. Units-of-Production Depreciation Schedule Stamping Machine

End of

Year

Depreciation

per Unit

Units

Produced

Annual

Depreciation

Accumulated

Depreciation

Book

Value

1

 

50,000

 

 

(new)

2

 

70,000

 

 

 

3

 

45,000

 

 

 

4

 

66,000

 

 

 

5

 

30,000

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Status NEW Posted 25 May 2017 05:05 PM My Price 8.00

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