11-17 Consider a $6500 piece of machinery, with a 5-year depreciable life and an estimated $1200 salvage value. The projected utilization of the machinery when it was purchased, and its actual production to date, are as follows: Year Projected Actual Production (tons) Production (tons)
11-17 Consider a $6500 piece of machinery, with a 5-year depreciable life and an estimated $1200 salvage value. The projected utilization of the machinery when it was purchased, and its actual production to date, are as follows: Year Projected Actual Production (tons) Production (tons)
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![11-17 Consider a $6500 piece of machinery, with a 5-year
depreciable life and an estimated $1200 salvage
value. The projected utilization of the machinery
when it was purchased, and its actual production to
date, are as follows:
Year
1
2
3
45
Projected
Production (tons)
3500
4000
4500
5000
5500
Actual
Production (tons)
3000
5000
[Not
yet
known]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0fc51707-782b-45e6-a27a-830ebb303f4c%2Ff3094976-3c0e-491f-9ca0-489faa81f7f2%2F7ci7nmw_processed.jpeg&w=3840&q=75)
Transcribed Image Text:11-17 Consider a $6500 piece of machinery, with a 5-year
depreciable life and an estimated $1200 salvage
value. The projected utilization of the machinery
when it was purchased, and its actual production to
date, are as follows:
Year
1
2
3
45
Projected
Production (tons)
3500
4000
4500
5000
5500
Actual
Production (tons)
3000
5000
[Not
yet
known]
![Compute the depreciation schedule using:
(a) Straight line
(b) Double declining balance
(c) 100% bonus depreciation
ad (d) MACRS
(e) Unit of production (for first 2 years only)
****](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0fc51707-782b-45e6-a27a-830ebb303f4c%2Ff3094976-3c0e-491f-9ca0-489faa81f7f2%2Fce28enr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Compute the depreciation schedule using:
(a) Straight line
(b) Double declining balance
(c) 100% bonus depreciation
ad (d) MACRS
(e) Unit of production (for first 2 years only)
****
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