y 2, 2021, Archer Company, a skateboard m The machine's useful life was estimated at f s year-end is December 31. depreciation for each year of the machine's ate calculations.)
y 2, 2021, Archer Company, a skateboard m The machine's useful life was estimated at f s year-end is December 31. depreciation for each year of the machine's ate calculations.)
Chapter5: Operating Activities: Purchases And Cash Payments
Section: Chapter Questions
Problem 3.4C
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a. Straight-line
b. Double-declining-balance
c. Units-of-production, assuming actual units produced were:
Year
Units
2021
39,900
On January 2, 2021, Archer Company, a skateboard manufacturer, installed a computerized machine in its factory at a cost of
$168,000. The machine's useful life was estimated at four years or a total of 190,000 units with a $35,000 trade-in value. Archer
Company's year-end is December 31.
2022
43,550
Calculate depreciation for each year of the machine's estimated useful life under each of the following methods: (Do not round
intermediate calculations.)
Exam Schecules - A
2023
54,200
TE
2024
72,000
Year Straight-Line Double-Declining-Balance
2021
2022
2023
2024
Total
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