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Thunderbird Manufacturing purchased a new stamping maching for $45,000 with a sakage value of 55,000....

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Accounting

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Thunderbird Manufacturing purchased a new stamping maching for $45,000 with a sakage value of 55,000. For depreciation purposes, the machine is expected to have a useful life of 250,000 units of production. The number of units the machine is estimated to produce each year for the nexc five years are 50,000,70,000,45,000,66,000, and 30,000 for years 1 through 5 respectively. Create a depreciation schedule for the stamping machine using the units-of-production method. UNITS OF PRODUCTION METHOD Book Value - Cost - Accum. Deprociation Input Factors 5 45,000.00 Cost 55,000.00 Salvage Value 250,000.00 Units of Production Capacity 50,000.00 Units Produced Year 1 70,000.00 Units Producend Year? 45,000.00 Units Produced Year 3 .66,000.00 Units Produced Year 4 Annual Accumulated Book Value 30,000.00 Units Produced Year 5

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