18).from the following facts,for the units produced depreciation what is given cost - $40,000 residual value - $5,000 est total units produced for useful life calculation - $100,00 units produced per year: year 1 -20,000 year 2- 15,000 year 3- 25,000 year 4- 32,000 year 5- 17,000 year 6 - 15,000 required; total accumulated depreciation at end of year 4

18).from the following facts,for the units produced depreciation what is given cost - $40,000 residual value - $5,000 est total units produced for useful life calculation - $100,00 units produced per year: year 1 -20,000 year 2- 15,000 year 3- 25,000 year 4- 32,000 year 5- 17,000 year 6 - 15,000 required; total accumulated depreciation at end of year 4

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter11: Long-term Assets

Section: Chapter Questions

Problem 8PA: Referring to PA7 where Kenzie Company purchased a 3-D printer for $450,000, consider how the...

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Referring to PA7 where Kenzie Company purchased a 3-D printer for $450,000, consider how the purchase of the printer impacts not only depreciation expense each year but also the assets book value. What amount will be recorded as depreciation expense each year, and what will the book value be at the end of each year after depreciation is recorded?
Estimate the average total estimated useful life of depreciable property, plant, and equipment. Starbucks reports 580.6 million of depreciation and amortization in the statement of cash flows, of which 4.5 million relates to amortization of limited-life intangible assets. Does the estimate reconcile with stated accounting policy on useful lives for property, plant, and equipment? Explain.
from the following facts,for the units produced depreciation what is given cost - $40,000 residual value - $5,000 est total units produced for useful life calculation - $100,00 units produced per year: year 1 -20,000 year 2- 15,000 year 3- 25,000 year 4- 32,000 year 5- 17,000 year 6 - 15,000 required; deprecition per unit
from the following facts,for the units produced depreciation what is given cost - $40,000 residual value - $5,000 est total units produced for useful life calculation - $100,00 units produced per year: year 1 -20,000 year 2- 15,000 year 3- 25,000 year 4- 32,000 year 5- 17,000 year 6 - 15,000 required; total accumulated depreciation at the end of 4 years
from the following facts,for the units produced depreciation what is given cost - $40,000 residual value - $5,000 est total units produced for useful life calculation - $100,00 units produced per year: year 1 -20,000 year 2- 15,000 year 3- 25,000 year 4- 32,000 year 5- 17,000 year 6 - 15,000 required; number of years the equipment is depreciated
From the following facts, for the units produced depreciation, what is: Given: COST - $ 40,000 RESIDUAL VALUE $ 5,000 Est. TOTAL UNITS PRODUCED FOR USEFUL LIFE CALCULATION $ 100,000 Units Produced per year: YEAR 1 - 20,000 YEAR 2- 15,000 YEAR 3- 25,000 YEAR 4 - 32,000 YEAR 5 - 17,000 YEAR 6: - 15,000 Required: Number of years the equipment is depreciated
From the following facts, for the units produced depreciation, what is: Given: COST - $ 40,000 RESIDUAL VALUE   $ 5,000 Est. TOTAL UNITS PRODUCED FOR USEFUL LIFE CALCULATION    $ 100,000 Units Produced per year: YEAR 1   - 20,000 YEAR 2- 15,000 YEAR 3- 25,000 YEAR 4 - 32,000 YEAR 5 - 17,000 YEAR 6:    - 15,000 Required: Total accumulated depreciation at the end of year 4
From the following facts, for the units produced depreciation, what is: Given: COST - $ 40,000 RESIDUAL VALUE   $ 5,000 Est. TOTAL UNITS PRODUCED FOR USEFUL LIFE CALCULATION    $ 100,000 Units Produced per year: YEAR 1   - 20,000 YEAR 2 : 20,000 YEAR 2- 15,000 YEAR 3- 25,000 YEAR 4 - 32,000 YEAR 5 - 17,000 YEAR 6:    - 15,000 Required: Book value at the end of year 3
From the following facts, for the units produced depreciation, what is: Given: COST - $ 40,000 RESIDUAL VALUE   $ 5,000 Est. TOTAL UNITS PRODUCED FOR USEFUL LIFE CALCULATION    $ 100,000 Units Produced per year: YEAR 1   - 20,000 YEAR 2 : 20,000
from the following facts,for straight line depreciation what is given cost - $35,000 residual value - $15,000 est useful life - 4 required: cost of equipment at the end of year 2