nsetDesignLayout References Share ^ A. A Paste Font Paragraph Styles Problem 9-8

Question

nsetDesignLayout References Share ^ A. A Paste Font Paragraph Styles Problem 9-8A Part (a) Machine 1 Machine 2 Double the Straight-Line Percentage 100/UsefuILife-Straight LinePercentagex2 DoubleStraight-LinePercentage | Book Value | X | Dep 1-1 Annual Year Accumulated Book BeginningRtDepreciation Depreciation Value of Year Expense 2016 2017 2018 Machine 3 Cost Salvage Value/Total number of units Depreciation per unit Depreciation per unit x number of units used Annual Depreciation Depreciation Activity X Cost/Unit Annual Accumulated Depreciation Depreciation Year Units of Expense 2016 2017 2018 100% ?? ?Focus - Karl Marx by

Explanation / Answer

(a) Machine 1 Straight-line depreciation=(Cost-Salvage value)/Useful life=(96000-12000)/8=10500 Accumulated depreciaion (From Jan 15 to Dec 18)=10500*4=42000 Machine 2 Depreciation percentage=Straight line percentage*2 Straight-line percentage=100/Useful life=100/5=20% Depreciation percentage=20*2=40% Year "Book value at the beginning of year" * "Dep rate" = "Annual depreciation expense" "Accumulated depreciation" "Book value" 2016 85000 20% 17000 17000 68000 (40*6/12) 2017 68000 40% 27200 44200 40800 2018 40800 40% 16320 60520 24480 Accumulated depreciation=$60520 Machine 3 Depreciation per unit=(Cost-Salvage value)/total number of units=(66000-6000)/30000=$2 Annual depreciation=Depreciation per unit*number of units used Year "Units of activity" * "Depreciation cost/unit" = "Annual depreciation expense" "Accumulated depreciation" 2016 800 2 1600 1600 2017 4500 2 9000 10600 2018 6000 2 12000 22600 Accumulated depreciation=$22600 (b) Year "Book value at the beginning of year" * "Dep rate" = "Annual depreciation expense" "Accumulated depreciation" "Book value" 2016 85000 30% 25500 25500 59500 (40*9/12) 2017 59500 40% 23800 49300 35700 Depreciation expense 2016 $ 25500 2017 $ 23800

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