Ch12_e06 - Simmons Company Selected Account Information...

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Fundamental Accounting Principles Student Name: Eleventh Canadian Edition, by Larson, Jensen, and Carroll Class: SPATS Exercise 12-6 Press F5, enter a cell reference, and click on <OK> to go to one of the following data entry areas: REPORT REFERENCEPRINT AREA Amortization Calculation M1 M5:Q20 Given Data T1
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REPORT REFERENCE Amortization Calculation M5 Given Data T1 0 0 SPATS Exercise 12-6 Simmons Company Rate per unit Year Calculation Amortization 2005 2006 2007 2008
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Given Data:
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Unformatted text preview: Simmons Company Selected Account Information Installation of computerized macine on January 2, 2005 $42,300 Estimated useful life 181,500 units Salvage value 6,000 Actual units produced 2005 38,300 2006 41,150 2007 52,600 2008 49,450 Check figure: 2007: 10,520 Calculate amortization for each year of its estimated useful life under the units-of-production method. Simmons' year end is December 31....
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Ch12_e06 - Simmons Company Selected Account Information...

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