Business, 20.04.2021 16:40 michellemitchel

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 $16,000. The estimated useful life was four years, and the residual value was $1,600. Assume that the estimated productive life of the machine was 9,600 hours. Actual annual usage was 3,840 hours in Year 1; 2,880 hours in Year 2; 1,920 hours in Year 3; and 960 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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