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E8-10 Computing Depreciation under Alternative Methods LO8-3 E8-10 (Algo) Computing...

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E8-10 Computing Depreciation under Alternative Methods LO8-3
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E8-10 (Algo) Computing Depreciation under Alternative Methods LO8-3 Strong Metals Inc. purchased a new stamping machine at the beginning of the year at a cost of $1,615,000. The estimated residual value was $85,000. Assume that the estimated useful life was five years and the estimated productive life of the machine was 300,000 units. Actual annual production was as follows: Year Units 1 70,000 2 67,000 3 50,000 73,000 5 40,000 Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining balance. Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 10 Complete a depreciation schedule using the units-of-production method. (Use two decimal places for the per unit output

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