Assume Plain Ice Cream Company, Incorporated, in Ithaca, NY, bought a new ice cream production...
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Accounting
Assume Plain Ice Cream Company, Incorporated, in Ithaca, NY bought a new ice cream production kit pasteurizerhomogenizer cooler, aging vat, freezer, and filling machine at the beginning of the year at a cost of $ The estimated useful life was four years, and the residual value was $ Assume that the estimated productive life of the machine was hours. Actual annual usage was hours in Year ; hours in Year ; hours in Year ; and hours in Year
Required:
Complete a separate depreciation schedule for each of the alternative methods.
Straightline.
Unitsofproduction.
Doubledecliningbalance.
Answer & Explanation
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