In recent years, Wildhorse Corporation has purchased three machines. Because of frequent employee turnover in...
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In recent years, Wildhorse Corporation has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each machine, and various methods have beenused. Information concerning the machines is summarized in the table below. tableAcquired,Cost,tableResidualValuetableUseful Lifein yearsDepreciation MethodJan. $$StraightlineJuly DiminishingbalanceNov. Unitsofproduction For the diminishingbalance method, Wildhorse Corporation uses double the straightline rate. For the unitsofproduction method, total machine hours are expected to be Actual hours of use in the first years were: ;; and Prepare separate depreciation schedules for each machine. Prepare the schedule for all years, information permitting. Round depreciation per unit to decimal places, eg and answers to the nearest whole dollar, eg Do not leave any answer field blank. Enter for amounts. Machine : Straightline depreciation Machine Diminishingbalance depreciation. 
In recent years, Wildhorse Corporation has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each machine, and various methods have beenused. Information concerning the machines is summarized in the table below.
tableAcquired,Cost,tableResidualValuetableUseful Lifein yearsDepreciation MethodJan. $$StraightlineJuly DiminishingbalanceNov. Unitsofproduction
For the diminishingbalance method, Wildhorse Corporation uses double the straightline rate. For the unitsofproduction method, total machine hours are expected to be Actual hours of use in the first years were: ;; and
Prepare separate depreciation schedules for each machine. Prepare the schedule for all years, information permitting. Round depreciation per unit to decimal places, eg and answers to the nearest whole dollar, eg Do not leave any answer field blank. Enter for amounts.
Machine : Straightline depreciation
Machine Diminishingbalance depreciation.
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