Question: -10 8-3 depreciation method in conformity Computing Depreciation under Alternative Methods Strong Metals Inc, purchased a new stamping machine at the beginning of the year

 -10 8-3 depreciation method in conformity Computing Depreciation under Alternative Methods

-10 8-3 depreciation method in conformity Computing Depreciation under Alternative Methods Strong Metals Inc, purchased a new stamping machine at the beginning of the year at a cost of Sos The estimated residual value was $50,000. Assume that the estimated useful life was five years estimated productive life of the machine was 300,000 units. Actual annual production was as follow Year Units 70,000 67,000 50,000 73,000 40,000 Required: 1. Complete a separate depreciation schedule for each of the alternative methods. Round your answers to the nearest dollar. a. Straight-line. b. Units-of-production. c. Double-declining-balance. Method: Net Depreciation Expense Accumulated Depreciation Computation Book Value Year At acquisition etc. 2. Assuming that the machine was used directly in the production of one of the produ company manufactures and sells, what factors might management consider in selecting depreciation method in conformity with the expense principle? e products that the Acting a preferable A naal

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