Business, 05.04.2021 23:20 decapria

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 $12,000. The estimated useful life was four years, and the residual value was $960. Assume that the estimated productive life of the machine was 9,200 hours. Actual annual usage was 3,680 hours in Year 1; 2,760 hours in Year 2; 1,840 hours in Year 3; and 920 hours in Year 4 Required:
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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