C Search the web Help Save&Exi; Week 1 Practice Problems 3 On January 5, 2019, W

Question

C Search the web Help Save&Exi; Week 1 Practice Problems 3 On January 5, 2019, Wms Company purchased equipment for S467 unts of produact. The estimated salvage value was $23,000 Actual production data for the 2020-59000 units; and 2021-49000 unts 000 that had an estimated useful life of four years or 222,000 first three years were: 2019 43000 unas 25 Required unts of Compute each year's depreciation and the end-of.year accumulated depreciation under the ssaighe-line method and the output method Analyze Would the total deprecianion taken over the five year Ide depend on which of the two methods is used? Completn this question by entering your answers in the tabs below Straight LiteUnits of Anal Expected Actal Units Cot per Aenl Accumlated 8

Explanation / Answer

   Depriciation per year(sl M)=cost of the asset-scrap value/usefule life

=467000-21000/4

=111500$

1?)statement showing depreciation,accumalated depreciation under SLM

Acc.dep

?2)Dpreciation under units production method

? dep.per unit = cost of the asset - scrap value/estimated number of units produced

   2.01 = 467000-21000/222000

2)statement showing depreciation,accumalated depreciation under UPM

ACTUAL

PRODUCTION/YEAR

A?nalasyis:

year depriciation

Acc.dep

2019 111500 111500 2020 111500 223000 2021 111500 334500 2022 111500 446000

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