Question 9 Tamarisk Company purchased machinery for $176,400 on January 1, 2017.

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Question 9 Tamarisk Company purchased machinery for $176,400 on January 1, 2017. It is estimated that the machinery will have a useful life of 20 years, salvage value of $14,700, production of 88,600 units, and working hours of 38,100. During 2017, the company uses the machinery for 13,716 hours, and the machinery produces 18,606 units. Compute depreciation under the straight-line, units-of-output, working hours, sum-of-the-years'-digits, and double-declining balance methods. (Round intermediate calculations to 5 decimal places, e.g. 1.56487 and final answers to o decimal places, e.g. 5,125.) Depreciation Straight-line Units-of-output Working hours Sum-of-the-years'-digits Double-declining- balance Click if you would like to Show Work for this question: Open Show Work

Explanation / Answer

Straight line depreciation (cost - salvage value)/Estimated useful life (176,400-14700)/20 8085 units of output (176400-14700)/88600 * 18606 33957 answer working hours (176400-14700)/38,100 *13,716 58212 answer sum of the yeard s digit n*(n+1)/2 210 (176400-14700)*20/210 15400 answer Double declining method 1/20*2 0.1 or 10% 176400*10% 17640

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