Your_Name_APA2121-section_number_Work5b(2)WEEK 5.xlsx
Download Attachment
Student Name: LINDA BAZEMORE
Class: Your_Name_APA2121-section_number_Work5b(2)WEEK 5
Problem 18-01A
FAIRLEY COMPANY
Capitalization Costs
1. Manufacturing Plant:
Cost of manufacturing plant
2. Land...Student Name: LINDA BAZEMORE
Class: Your_Name_APA2121-section_number_Work5b(2)WEEK 5
Problem 18-01A
FAIRLEY COMPANY
Capitalization Costs
1. Manufacturing Plant:
Cost of manufacturing plant
2. Land
Cost of land
3. Land Improvements
Cost of land improvements
Given Data P18-01A
FAIRLEY COMPANY
Cost of site for new Manufacturing plant on January 6, 2010
Cost to raze existing facility
Fair market value of facility razed
Amount received from salvage of facility razed
Additional costs:
Attorney fees
Inspection fees
Permit to raze facility
Fill dirt for site
Leveling of site
Paving of sidewalks and curbs
Building cost of new facility
Cost of paving parking area
$1,800,000
$8,000
$150,000
$10,000
$3,200
$910
$525
$25,200
$16,000
$97,000
$3,600,000
$98,900
Student Name:
Class:
Problem 18-02A
ILLINIOS COMPANY
Depreciation Calculations
Straight-Line Method
Year
1
2
3
Acquisition
Cost
Salvage
Value
Useful Life
in Years
Annual
Accumulated
Depreciation Depreciation
Sum-of-the-Years'-Digits Method
Year
1
2
3
Fraction
Cost Less
Salvage
Annual
Accumulated
Depreciation Depreciation
Double-Declining-Balance Method
Year
1
2
3
Beginning
Book Value
Rate
Annual
Accumulated
Depreciation Depreciation
Given Data P18-02A
ILLINIOS COMPANY
Cost of new equipment
Date Purchased
Useful life in years
Salvage value
$225,000
January 4, 2010
4
$25,000
Student Name:
Class:
Problem 18-03A
HALL COMPANY
Depreciation Calculations
Straight-Line Method
Year
2010
2011
2012
Acquisition
Cost
Salvage
Value
Useful Life
in Years
Annual
Accumulated
Depreciation Depreciation
Sum-of-the-Years'-Digits Method
Year
2010
2011
2012
Acquisition
Cost
Salvage
Value
Total Expected
Units of
Production
Actual
Units of
Production
Cost
per Unit
Annual
Accumulated
Depreciation Depreciation
Given Data P18-03A
HALL COMPANY
Cost of new equipment
Date Purchased
Useful life in years
Useful life in units of production
Salvage value
Actual production data:
2010 units produced
2011 units produced
2012 units produced
$250,000
January 5, 2010
5
100,000
$10,000
20,000
28,000
23,000
PROBLEM 18.4A - Computing depreciation and MACRS on assets.
1. Depreciation of computer:
2010
2011
2. MACRS recovery of computer:
2010
2011
3. Depreciation of van:
2010
2011
4. MACRS recovery of van:
2010
2011
Analyze:
View Full Attachment Show more
