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Business, 06.05.2020 04:34 jayzeptor

Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freezer, and filling machine) at the beginning of the year at a cost of $14,800. The estimated useful life was four years, and the residual value was $1,500. Assume that the estimated productive life of the machine was 9,500 hours. Actual annual usage was 3,800 hours in Year 1; 2,850 hours in Year 2; 1,900 hours in Year 3; and 950 hours in Year 4.
Required:
1. Complete a separate depreciation schedule for each of the alternative methods.
a. Straight-line.
b. Units-of-production
c. Double-declining-balance.

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Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogeniz...
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