Moyle Co. acquired a machine on January 1, 2022, at a cost of $1,500,000. The machine is expected to have
Moyle Co. acquired a machine on January 1, 2022, at a cost of $1,500,000. The machine is expected to have a five-year useful life, with a salvage value of $300,000. The machine is capable of producing 1,500,000 units of product in its lifetime. Actual production was as follows: 300,000 units in 2022; 200,000 units in 2023; 400,000 units in 2024; 250,000 units in 2025; and 350,000 units in 2026. Items a through d below are T-account representations of Moyle Co.’s accumulated depreciation account. They reflect the depreciation adjustments that would be made each year for the above described machine using various depreciation calculation methods.
Identify the depreciation method that would result in each of these annual credit amount patterns to accumulated depreciation. If a declining-balance method is used, indicate the percentage (150% or 200%).
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