1. On March 1, 20A1, the company purchased a $40,000 machine with an estimated the salvage value of $4,000 and an estimated useful life of 6 years. The machine was estimated to produce 40,000 units over its useful life. Assume actual production was: 
2. year 20A1 - 8,000 units; 
3. year 20A2 -7,000 units.

Using the units of production depreciation method, what is depreciation expense for the year 20A2 (second year) and accumulated depreciation at 12/31/20A2?

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To calculate the depreciation expense for the year 20A2 second year using the units of production de... View the full answer