Sundowner Inc. purchased a new drill press for $190,000 having a salvage value of $2,650. The machine is expected to have a useful life of 30,000 hours. Complete the depreciation schedule using the units-of-production method.
Sundowner Inc.
Depreciation Schedule, Units-of-Production
Drill Press−30,000 hours $\begin{array}{c}
\begin{array}{lll}
\text {End of}\
\underline{\text {Year}}\
\
1\
2\
3\
4\
5
\end{array}
\begin{array}{lll}
\text {Depreciati on }\
\underline{\text {per Unit}}\
\
\
\
\
\
\
\end{array}
\begin{array}{lll}
\text {Hours}\
\underline{\text {Used}}\
\
3,200 \
6,600 \
4,800 \
10,200 \
8,600
\end{array}
\begin{array}{lll}
\text {Annual}\
\underline{\text {Depreciation}}\
\
\
\
\
\
\

\end{array}
\begin{array}{lll}
\text {Accumulated}\
\underline{\text {Depreciation}}\
\
\
\
\
\
\
\end{array}
\begin{array}{lll}
\text {Book}\
\underline{\text { Value }}\
\text { (new)}\
\
\
\
\
\
\end{array}
\end{array}$

Question

Sundowner Inc. purchased a new drill press for $190,000 having a salvage value of $2,650. The machine is expected to have a useful life of 30,000 hours. Complete the depreciation schedule using the units-of-production method.
Sundowner Inc.
Depreciation Schedule, Units-of-Production
Drill Press−30,000 hours $\begin{array}{c}
\begin{array}{lll}
\text {End of}\
 \underline{\text {Year}}\
\
1\
2\
3\
4\
5
\end{array}
\begin{array}{lll}
\text {Depreciati on }\
 \underline{\text {per Unit}}\
\
\
\
\
\
\ 
\end{array}
\begin{array}{lll}
\text {Hours}\
 \underline{\text {Used}}\
\
3,200 \
6,600 \
4,800 \
10,200 \
8,600 
\end{array}
\begin{array}{lll}
\text {Annual}\
\underline{\text {Depreciation}}\
\
\
\
\
\
\

\end{array}
\begin{array}{lll}
\text {Accumulated}\
\underline{\text {Depreciation}}\
\
\
\
\
\ 
\
\end{array}
\begin{array}{lll}
\text {Book}\
\underline{\text { Value }}\
\text { (new)}\
\
\
\
\
\
\end{array}
\end{array}$

Quizplus · Accepted Answer

The Answer of Sundowner Inc. purchased a new drill press for $190,000 having a salvage value of $2,650. The machine is expected to have a useful life of 30,000 hours. Complete the depreciation schedule using the units-of-production method.
Sundowner Inc.
Depreciation Schedule, Units-of-Production
Drill Press−30,000 hours $\begin{array}{c}
\begin{array}{lll}
\text {End of}\
 \underline{\text {Year}}\
\
1\
2\
3\
4\
5
\end{array}
\begin{array}{lll}
\text {Depreciati on }\
 \underline{\text {per Unit}}\
\
\
\
\
\
\ 
\end{array}
\begin{array}{lll}
\text {Hours}\
 \underline{\text {Used}}\
\
3,200 \
6,600 \
4,800 \
10,200 \
8,600 
\end{array}
\begin{array}{lll}
\text {Annual}\
\underline{\text {Depreciation}}\
\
\
\
\
\
\

\end{array}
\begin{array}{lll}
\text {Accumulated}\
\underline{\text {Depreciation}}\
\
\
\
\
\ 
\
\end{array}
\begin{array}{lll}
\text {Book}\
\underline{\text { Value }}\
\text { (new)}\
\
\
\
\
\
\end{array}
\end{array}$