winsey company

Project Description:

1). depreciation methods the winsey company purchased equipment on january 2, 2010, for $700,000the equipment has the following characteristics:

estimated service life 20 years estimated residual value $50,000
100,000 hours
950,000 units of output

during 2010 and 2011, the company used the machine for 4,500 and 5,500 hours, respectively, and produced 40,000 and 60,000 units, respectively.

required:
compute the depreciation for 2010 and 2011 under each of the following methods:
1.straight-line
2.hours worked
3.units of output
4.sum-of-years’-digits
5.double-declining-balance
Skills Required:
Project Stats:

Price Type: Negotiable

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