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Schillig & Gray Industries purchased a new machine...




Schillig & Gray Industries purchased a new machine at the beginning of 2011 for $9,500. The company expected the machine to last for four years and have a salvage value of $500. The produtive life of the machine was estimated to be 180,000 units. Yearly production was as follows: in 2011 it produced 50,000 units, in 2012 it produces 45,000 units, in 2013 it produced 30,000 units, and 2014 it produced 55,000 units. Requirements calculate the depreciation expense for each yearof the four-year life of the machine using the following methods round to the nearest dollars straight-line method double-decining balance method activity method using units For each method give the amount of accumulated depreciation that would be shown on the balance sheet at the end of the year. Calculate the book value of the machine at the end of each year for each method.,I have not gotten my answers and the time has passed for me to turn in my home work. You can stop and just refund me my money back to my account. My assignment needed to have been finished by 11:00 on Nov. 21 at is now Nov. 22, 2010. I have been waiting on this response since 8:00 tonight. Thank you


Paper#4582 | Written in 18-Jul-2015

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