At the beginning of 2020 , your company buys a $32,000...
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Accounting
At the beginning of 2020 , your company buys a $32,000 plece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 2,000 . The company expects to produce a total of 200,000 units. Actual production is as follows: 42,000 units in 2020,47,000 units in 2021,47,000 units in 2022 , and 64,000 units in 2023 . Required: a. Determine the depreciable cost. b. Calculate the depreciation expense per year under the straight-line method. c. Use the straight-line method to prepare a depreciation schedule. d. Calculate the depreciation rate per unit under the units-of-production method. e. Use the units-of-production method to prepare a depreciation schedule. Complete this question by entering your answers in the tabs below. Determine the depreciable cost
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