WileyPLUS El ASSIGNMENT RESOURCES lliz 5 Ch 9 amp amp 10 Exercise 9 s Problem 10 1A Problem 10 3A Review Score I Results by study Obiective yPLUS
WileyPLUS El ASSIGNMENT RESOURCES lliz Ch amp amp Exercise s Problem A Problem A Review Score I Results by
WileyPLUS El ASSIGNMENT RESOURCES lliz Ch amp amp Exercise s Problem A Problem A
lliz Ch amp amp Exercise s Problem A Problem A Review Score I Results by study Obiective yPLUS
WileyPLUS El ASSIGNMENT RESOURCES lliz Ch amp amp Exercise s Problem A
Problem A Review Score I Results by study Obiective yPLUS
WileyPLUS El ASSIGNMENT RESOURCES lliz Ch amp amp Exercise
WileyPLUS El ASSIGNMENT RESOURCES
WileyPLUS El ASSIGNMENT RESOURCES lliz 5 Ch.9 & 10 Exercise 9's Problem 10-1A Problem 10-3A Review Score I Results by study Obiective yPLUS:...

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Ivanhoe Company purchased equipment on March 27, 2018, at a cost of $264,000. Management is contemplating the merits of using the diminishing-balance or units-of-production method of depreciation instead of the straight-line method, which it currently uses for other equipment. The new equipment has an estimated residual value of $8,000 and an estimated useful life of either four years or 80,000 units. Demand for the products produced by the equipment is sporadic so the equipment will be used more in some years than in others. Assume the equipment produces the following number of units each year: 14,600 units in 2018; 20,600 units in 2019; 19,800 units in 2020; 20,000 units in 2021; and 5,000 units in 2022. Ivanhoe has a December year end. Solve the problems in the pictures. Better with excel files. Attachment 1 Attachment 2 Attachment 3 ATTACHMENT PREVIEW Download attachment 20171122172421.png WileyPLUS El ASSIGNMENT RESOURCES lliz 5 Ch.9 & 10 Exercise 9's Problem 10-1A Problem 10-3A Review Score I Results by study Obiective yPLUS: MHwilePLuS | Help | Contact Us | Log out Kimmel, Financial Accounting, Seventh Canadian Edition INTRODUCTION TO ACCOUNTING I-MAJORS(ACTGIP11) ummmmum momma ammm mat Problem 9-4A a-b Ivanhoe Company purchased equipment on March 27, 2013, at a cost of $264,000. Management is contemplating the merits of using the diminishing-balance or units-af-production method of depreciation instead of the straight-line method, which it currently uses for other equipment. The new equipment has an estimated residual value of $8,000 and an estimated useful life of either four years or 80,000 units‘ Demand for the products produced by the equipment is sporadic so the equipment will be used more in some years than in others. Assume the equipment produces the following number of units each year: 14,600 units in 2018; 20,600 units in 2019; 19,800 units in 2020; 20,000 units in 2021; and 5,000 units in 2022.1vanhoe has a December year end. Prepare separate depreciation schedules for the life of the equipment using: (Round depreciation per unit to 1 decimal places, e. 5.28 and ?nal answers to 0 decimal places, e.g. 5,175.) Straight-line method: Depreclahle Depreclatlon Accumulated carrying Vear Cost Expense Depreciation Amount #7 2°18 sgl s 7‘ s l 2019 l l 2021 l l ii i ll 2°2°i l i ii i ii i' H 2022 l l Double-diminishing-balance method: Opening Carrying Depreciation Accumulated Carrying Year Amount Expense Depreciation Amount si l 2°18 ‘3 is i i 2019 i i l i l 2020 l l l l l 2°21 l l l i l ATTACHMENT PREVIEW Download attachment 20171122172432.png WileyPLUS El ASSIGNMENT RESOURCES lliz 5 (5.1.9 & 10 Exercise 95 Problem 10-1A Problem 10-3A Review score I Results by study Obiective Kimmel, Financial Accounting, Seventh Canadian Edition Double—diminishing-balance method: Opening Carrying Depreciation Accumulated Carrying Year Amount Expense Depreciation Amount sl 2°13 s! ‘$ is l l 2°19 l l l " l l 2020 l l l i l l s 2021 l l l l l 2022 l ‘ l l l Units—0f-pr0ductiori method: Depreciation Accumulated Carrying VearUnits-of—Production Expense Depreciation Amount sl 2018 yPLUS: MHWiIePLUS | Helg | Contact Us | Log out MESSAGE uv msmucrok suumum vwa mums: vsnsxon l 2019 l 2020 l l 2021 2022 Compare the total depreciation expense and accumulated depreciation under each of the three methods over the life of the equipment. (Round answers ta 0 decimal places, e.g. 5,275.) Straight-Line Unlts-of-Productlon iTDtaldeDreciation expense .l l l Double-DImlnlslIlng-Balance INTRODUCTION TO ACCOUNTING I-MAJORS(ACTGIP11) 4 BACK NEXT > ATTACHMENT PREVIEW Download attachment 20171122172440.png WileyPLUS El Kimmel, Financial Accounting, Seventh Canadian Edition MESSAGE uv msmucrok INTRODUCTION TO ACCOUNTING I-MAJORS(ACTGIP11) ASSIGNMENT RESOURCES lliz 5 (5.1.9 & 10 Exercise as Problem IO-IA Problem 10-3A Review score I Results by study Obiective 2019 l ‘ 2020 l ‘ \ l 2021 l l ‘ l 2022 l l ‘ Unis-of—production method: Depreciation Accumulated :VearUnits-of—Production Expense Depreciation J carrying Amount 2°18 3; s‘g‘ ‘ 2019 2020 2021 2022 straight-Line Units-of—Productl II Total depreciation expense 5‘ $ Accumulated depreciation ‘ Double-Diminishing-Balanoe ‘ Compare the total depreciation expense and accumulated depreciation under each of the three methods over the life of the equipment. (Round answers to 0 decimal places, e.g. 5,275.) Question Attempls: I) of 1 used yPLUS: MyywilePLuS | HEIE | Contact Us | Lug out snuo‘mn vxsw mums: VERSION 4 BACK NEXT > SAVE FOR LATER

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WileyPLUS El ASSIGNMENT RESOURCES lliz 5 Ch.9 & 10 Exercise 9's Problem 10-1A Problem 10-3A Review Score I Results by study Obiective yPLUS:...