Question: i followed the formula stated but got it wrong. please help Assegment/take Assignment Main.do Minvokere assignments&takeAssignmentSessionLocator assignment-takeBinprogressefalse Book Calculator Print om Units-of-Production Method A machine
Assegment/take Assignment Main.do Minvokere assignments&takeAssignmentSessionLocator assignment-takeBinprogressefalse Book Calculator Print om Units-of-Production Method A machine is purchased January 1 at a cost of $50,000. It is expected to produce 130,000 units and have a salvage value of $1,000 at the end of its useful life Units produced are as follows: Year 1 10,000 Year 25,000 Year 12.000 Year 4 16.000 Year 5 11,000 Required: of the the method round calculations to two decimal Prepare a schedule showing depreciation for each year and the book value at the Production Method Ending Book Value Year g ing Book Value 59.000 Annual Depreciation 4074 Step 1: Depredation per Unit (Cost - Salvage ) Estimated Useful life in Units Depr.permi t s Recor Cormed Step 21 Annual Depreciation er to oure 102 in the text
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