alternate problem chapter 11

Alternate problem - 2009 8000 unit $4 32000 2010 12000 unit $4 48000 Unit per production(240000-20000/55000 4 Accumulated Depreciation Accumulated

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Ex 11-1 I. Straight-Line Method Year Depreciation 2009 27500 27500 27500 2010 27500 27500 55000 Depreciation per year (240000-20000)/8 = 27500 II. Sum of the year digit 2009 (240000 -20000)*8/36 48889 2010 (240000-20000)*7/36 42778 III. Double Declining Balance 2009 240000*(2*12.5%) 60000 2010 (240000-60000)*(2*12.5%) 45000 IV. 150% Declining Balance 2009 240000*(1.5*12.5%) 45000 2010 (240000-45000)*(1.5*12.5%) 36563 V. Unit of procuction
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 2009 8000 unit * $4 32000 2010 12000 unit * $4 48000 Unit per production (240000-20000)/55000 4 Accumulated Depreciation Accumulated Depreciation Balance Ex 11 - 3 Cost/unit 2 2009 800000 212500 157500 Ex 11 - 5 SL method (640000-40000)/10 60000 Accum Depr. 60000*3yrs 180000 Remain 460000-20000 440000 RemainLife 440000/9yrs 48889 Book Value 240000...
View Full Document

This note was uploaded on 06/22/2011 for the course ACCOUNTING 305 taught by Professor Hinojosa during the Spring '11 term at DeVry Fresno.

Page1 / 2

Alternate problem - 2009 8000 unit $4 32000 2010 12000 unit $4 48000 Unit per production(240000-20000/55000 4 Accumulated Depreciation Accumulated

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online