Marsha Cook owns Marsha's Pie Co. On January 2, 2010, the company purchased an oven for $325,000. The manufacturer of the oven estimates that the oven will last 12 years or bake 600,000 pies, with a residual value of $25,000.
The following is a schedule of the pies that the company will produce:
Calculate the accumulated depreciation and book value as of December 31, 2016, using the units of production method.

Question

Marsha Cook owns Marsha's Pie Co. On January 2, 2010, the company purchased an oven for $325,000. The manufacturer of the oven estimates that the oven will last 12 years or bake 600,000 pies, with a residual value of $25,000.
The following is a schedule of the pies that the company will produce:
  Calculate the accumulated depreciation and book value as of December 31, 2016, using the units of production method.

Quizplus · Accepted Answer

The Answer of Marsha Cook owns Marsha's Pie Co. On January 2, 2010, the company purchased an oven for $325,000. The manufacturer of the oven estimates that the oven will last 12 years or bake 600,000 pies, with a residual value of $25,000.
The following is a schedule of the pies that the company will produce:
  Calculate the accumulated depreciation and book value as of December 31, 2016, using the units of production method.

Marsha Cook Owns Marsha's Pie Co