Problem 9-254 [LO 9-3] At the beginning of 2017 your company buys a $31200 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 2,000. The company expects to produce a total of 200,000 units. Actual production is as follows 45.000 units in 2017, 54,000 units in 2018, 48.000 units in 2019, and 53,000 units in 2020 Required: a. Determine the depreciable cost. b. Calculate the depreciation expense per year under the straight-line method c. Use the straight line method to prepare a depreciation schedule d. Calculate the depreciation rate per unit under the units-of-production method e. Use the units of production method to prepare a depreciation schedule Complete this question by entering your answers in the tabs below. Required a Required B Required Required D Required E Determine the depreciable cost. Depreciable Casa S 29 200 Required B Problem 9-254 [LO 9-3] At the beginning of 2017 your company buys a $31,200 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 2,000. The company expects to produce a total of 200,000 units. Actual production is as follows: 45,000 units in 2017, 54,000 units in 2018, 48,000 units in 2019 and 53,000 units in 2020. Required: a. Determine the depreciable cost b. Calculate the depreciation expense per year under the straight line method. c. Use the straight-line method to prepare a depreciation schedule d. Calculate the depreciation rate per unit under the units of production method. e. Use the units-of-production method to prepare a depreciation schedule Complete this question by entering your answers in the tabs below. Required A Required B Required c Required D Required E Calculate the depreciation expense per year under the straight-line method. Depreciation Expense Per 5 7.300 Year Problem 9-254 [LO 9-3] At the beginning of 2017. your company buys a $31,200 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 2,000. The company expects to produce a total of 200.000 units. Actual production is as follows 45,000 units in 2017. 54,000 units in 2018, 48.000 units in 2019 and 53 000 units in 2020 Required: a. Determine the depreciable cost b. Calculate the depreciation expense per year under the straight-line method c. Use the straight line method to prepare a depreciation schedule d. Calculate the depreciation rate per unit under the units-of-production method e. Use the units of production method to prepare a depreciation schedule, Complete this question by entering your answers in the tabs below. Required A Required Required Required Required E Use the straight-line method to prepare a depreciation schedule Year Depreciation Expense Accumulated Depreciation Net Book Value S 31200 23.900 Acquisition Cost 2017 2018 2019 2020 $ 5 15 5 7.3000 7300S 7,300 5 7,300 7300 S 14.600 $ 21.900 5 29.200 5 16 600 9 300 2.000 Problem 9-254 [LO 9-3] At the beginning of 2017 your company buys a $31,200 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 2,000. The company expects to produce a total of 200,000 units. Actual production is as follows 45.000 units in 2017 54,000 units in 2018, 48,000 units in 2019 and 53,000 units in 2020 Required: a. Determine the depreciable cost. b. Calculate the depreciation expense per year under the straight-line method c. Use the straight-line method to prepare a depreciation schedule d. Calculate the depreciation rate per unit under the units-of-production method. e. Use the units-of-production method to prepare a depreciation schedule, Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Required E Calculate the depreciation rate per unit under the units of production method. (Round your answer to 2 decimal places.) Depreciation Rate Per Unit S 0.15 Problem 9-254 [LO 9-3] At the beginning of 2017. your company buys a $31,200 prece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 2,000. The company expects to produce a total of 200,000 units. Actual production is as follows: 45,000 units in 2017, 54,000 units in 2018, 48.000 units in 2019, and 53,000 units in 2020 Required: a. Determine the depreciable cost. b. Calculate the depreciation expense per year under the straight-line method c. Use the straight-line method to prepare a depreciation schedule d. Calculate the depreciation rate per unit under the units of production method e. Use the units-of-production method to prepare a depreciation schedule Complete this question by entering your answers in the tabs below. Required A Required a Required Required D Required E Use the units-of-production method to prepare a depreciation schedule. (Do not round your Depreciation rate per unit.) Year Depreciation Accumulated Net Book Expense Depreciation Value Acquisition 5 31 200 Cost 2017 S 44 000 $ 6.424 X 24 776 X 2018 S 47,000 $ 6.862 $ 17.914 2019 $ 49,000 $ 7 154 X $ 10.760 X 2020 $ 60,000 X 5 8 760 XS 2.000