Question: Please do it by type not pics. Machinery cost $ 315,000 Estimated salvage value 15,000 Estimated useful life 10 years Estimated production 240,000 units Estimated

Please do it by type not pics.

Machinery cost $ 315,000

Estimated salvage value 15,000 Estimated useful life 10 years

Estimated production 240,000 units

Estimated working hours 25,000 hours

Actual hours used in 2018 2,650 hours

Actual units produced in 2018 25,500 units

1.Jon Furnace Corp. purchased machinery on May 1, 2017. Use the following information concerning the machinery to calculate the amount of depreciation expense charged in 2018 using the straight-line method.

2.Jon Furnace Corp. purchased machinery on May 1, 2017. Use the following information concerning the machinery to calculate the amount of depreciation expense charged in 2018 using the units-of-production method.

3.Jon Furnace Corp. purchased machinery on May 1, 2017. Use the following information concerning the machinery to calculate the amount of depreciation expense charged in 2018 using the variable-cost method with hours as the driver.

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