VanHoutte Foods bought machinery on September 10, 2018, for $164,000. It was determined that the machinery...
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VanHoutte Foods bought machinery on September 10, 2018, for $164,000. It was determined that the machinery would be used for years or until it produced 240,000 units and then would be sold for about $27,200. Complete the schedule below by calculating annual depreciation to the nearest whole month for 2018, 2019, and 2020. VanHoutte's year-end is December 31. Assume actual units produced of: (Do not round intermediate calculations.) 2018 39,000 2019 75,000 2020 60,000 Depreciation Year Straight-Line Units-of-Production 2018 2019 2020 VanHoutte Foods bought machinery on September 10, 2018, for $164,000. It was determined that the machinery would be used for years or until it produced 240,000 units and then would be sold for about $27,200. Complete the schedule below by calculating annual depreciation to the nearest whole month for 2018, 2019, and 2020. VanHoutte's year-end is December 31. Assume actual units produced of: (Do not round intermediate calculations.) 2018 39,000 2019 75,000 2020 60,000 Depreciation Year Straight-Line Units-of-Production 2018 2019 2020
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