chapter 21 answer key - Problem 21-5 Plaza Company Straight...

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Problem 21-5 Plaza Company Straight Line 2009 (570,000-20,000/10 yrs x 6/12) 27,500 2010 (570,000-20,000/10 yrs ) 55,000 Working Hours Rate per hour (550,00/50,000 hrs ) 11 2009 (P11x 3,000) 33,000 2010 (P11 x 5,000) 55,000 Output Method Rate per unit (550,00/200,000 units ) 2.75 2009 (2.75 x 18,000 units) 49,500 2010 (2.75 x 22,000 units) 60,500 Sum of years' digits SYD = 10 ((10+1)/2)) 55 2009 (10/55 x550,000 x 6/12) 50,000 2010 Jan 1 to June 30 50,000 July 1 to Dec 31 (9/55 x 550,000) 45,000 95,000 Double Declining Balance Year Particular Depreciation 2009 570,000 x 20% x 6/12 57,000 57,000 2010 513,000 x 20% 102,600 159,600 Problem 21-6 Major Company Fixed Rate (1-.5623) 0.44 2009 (500,000 x.4377) 218,850 2010 (500,000-218,850) x .4377 123,059 2011 (500,000-341909) x .4377 69,196 2012 (500,000-411.106) x .4377 38,894 Accumulated Depreciation
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450,000 Problem 21-7 Minor Company Sum of years' digits SYD = 8 ((8+1)/2)) 36 2009 (8/36 x1,080,000 x 9/12) Apr-Dec 180,000 2010 Jan 1 to March 31(8/36 x1,080,000 x 3/12) 60,000 Aprl 1 to Dec 31 (7/36 x 1,080,000 *9/12) 157,500 217,500 Double Declining Balance Year Particular Depreciation 2009 1,200,000 x 25% x 9/12 225,000 225,000 2010 975,000 x 25% 243,750 468,750 Problem 21-8 Subic Company Service Production Method Depreciation Rate per hour 112.50 2009 112,500 2010 225,000 Sum of years' digits SYD = 8 ((8+1)/2)) 36 2009 (8/36 x1,080,000 x 9/12) Apr-Dec 180,000 2010 Jan 1 to March 31(8/36 x1,080,000 x 3/12) 60,000 Aprl 1 to Dec 31 (7/36 x 1,080,000 *9/12) 157,500 217,500 Problem 21-9 Sunshine Company Cost 920,000 Output Method Accumulated Depreciation
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Depreciation Rate per hour 5 2009 25,000 2010 100,000 Double Declining Method (100/8 x 2) 25 2009 115,000 2010 201,250 Sum of years' digits SYD = 8 ((8+1)/2)) 36 2009 (8/36 x 900,000 x 6/12) 100,000 2010 Jan 1 to June 30(8/36 x 900,000 x 6/12) 100,000 Jul 1 to Dec 31 (7/36 x 900,000 *6/12) 87,500 187,500 Problem 21-11 Happy Company Assets Cost Salvage Building 6,100,000 100,000 6,000,000 Machinery 2,550,000 50,000 2,500,000 Equipment
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chapter 21 answer key - Problem 21-5 Plaza Company Straight...

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