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    Chapter 16 Excel

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    Kiminosunoo Lel
    1. The document discusses different depreciation methods including straight-line, sum-of-years digits, and double declining balance. It provides examples of calculating depreciation expense over multiple years for various assets using these methods. 2. Additional information is given on units of production and service hours methods of depreciation calculation including rates per unit or hour and resulting annual depreciation expenses. 3. Details are provided on calculating depreciation for leasehold improvements using useful life and remaining lease term.

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    Chapter 16 Excel

    Uploaded by

    Kiminosunoo Lel
    36 views13 pages
    1. The document discusses different depreciation methods including straight-line, sum-of-years digits, and double declining balance. It provides examples of calculating depreciation expense over multiple years for various assets using these methods. 2. Additional information is given on units of production and service hours methods of depreciation calculation including rates per unit or hour and resulting annual depreciation expenses. 3. Details are provided on calculating depreciation for leasehold improvements using useful life and remaining lease term.

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    Original Title

    CHAPTER 16 EXCEL

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    1. The document discusses different depreciation methods including straight-line, sum-of-years digits, and double declining balance. It provides examples of calculating depreciation expense over multiple years for various assets using these methods. 2. Additional information is given on units of production and service hours methods of depreciation calculation including rates per unit or hour and resulting annual depreciation expenses. 3. Details are provided on calculating depreciation for leasehold improvements using useful life and remaining lease term.

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    © All Rights Reserved
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    36 views13 pages

    Chapter 16 Excel

    Uploaded by

    Kiminosunoo Lel
    1. The document discusses different depreciation methods including straight-line, sum-of-years digits, and double declining balance. It provides examples of calculating depreciation expense over multiple years for various assets using these methods. 2. Additional information is given on units of production and service hours methods of depreciation calculation including rates per unit or hour and resulting annual depreciation expenses. 3. Details are provided on calculating depreciation for leasehold improvements using useful life and remaining lease term.

    Copyright:

    © All Rights Reserved
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    of 13

    1.

    Machine 1,000,000.00
    Useful Life 10 years
    Residual Value 50,000.00
    Service Life 28,000 hours
    Productive Capacity 84,000 units
    Year 20x1 3,000 hours 12,000 units
    Year 20x2 2,800 hours 9,800 units

    SLM
    Machine 1,000,000.00
    less: Residual Value 50,000.00
    Depreciable Amount 950,000.00
    divided bt: useful life 10
    Annual Depreciation 95,000.00

    SYD
    Initial cost 1,000,000.00
    Residual value 50,000.00
    Depreciable amount 950,000.00

    SYD 55 55

    Year Depreciable amount Fraction Dep'n Expense


    20X1 950,000.00 2/11 172,727.27
    20X2 950,000.00 9/55 155,454.55
    20X3 950,000.00 8/55 138,181.82
    20X4 950,000.00 7/55 120,909.09
    20X5 950,000.00 6/55 103,636.36
    20X6 950,000.00 1/11 86,363.64
    20X7 950,000.00 4/55 69,090.91
    20X8 950,000.00 3/55 51,818.18
    20X9 950,000.00 2/55 34,545.45
    20x10 950,000.00 1/55 17,272.73

    DDB

    Double Declining rate 0.20 20%

    Year Depreciation
    20x1 200,000.00
    20x2 160,000.00

    UOPM

    Year Service Hours Productivity


    20x1 3,000 12,000
    20x2 2,800 9,800

    depreciation rate 33.9285714285714 per hour

    Year Depreciation
    20x1 101,785.71
    20x2 95,000.00 input

    Depreciation rate 11.31 per unit

    year Depreciation
    20x1 135,714.29
    20x2 110,833.33 output

    3.)

    Initial Cost of equipment 20,000


    Residual Value 2,000
    Depreciable Amount 18,000

    Date Depreciable amount SYD rate Depreciation

    1/1/x1
    12/31/x1 18,000 2/4 7200
    12/31/x2 18,000 44265 5400
    12/31/x3 18,000 44237 3600
    12/31/x4 18,000 44206 1800
    18000

    5.)
    Initial Cost 110,000
    Residual Value 5,000
    Depreciable Amount 105,000
    Divide by: Estimate Estimate life 10
    10500

    8.)
    Retirement Method

    Cost of Disposal 72,000


    Net Disposal proceeds 4,600
    Depreciation Expense 67,400

    Replacement Method

    Cost of Additions 64,000


    Cost of Disposal 24,000
    Net Disposal proceeds 4,600
    Depreciation Expense 83,400

    9.)

    Leasehold Improvement 480,000.00


    Useful life 20 years

    Usefu life 20
    Remaining Lease term 14
    SHORTER 14

    Leasehold Improvement 480,000.00


    Useful life 14
    Depreciation Expense 34,285.71

    Leasehold Improvement 480,000.00


    less: Depreciation Expense 34,285.71
    Carrying Amount 445,714.29
    2.)

    Machine 480,000.00
    Commission 20,000.00
    Freight cost 22,000.00
    Installation 18,000.00
    Useful life 10 years
    residual value 40,000.00
    Service life 25,000
    Productive Capacity 100,000
    Year 20x1 2000 hours
    year 20x2 2700 hours

    SYD
    Initial cost
    Residual value
    Depreciable amount

    SYD 55

    Year Depreciable amount

    20X1 500,000.00
    20X2 500,000.00

    DDB

    Double Declining rate 0.20

    Year Depreciation

    20x1 108,000.00
    20x2 86,400.00

    UOPM
    Year Service Hours
    20x1 2,000
    20x2 2,700

    depreciation rate 20

    Year Depreciation

    20x1 40,000.00
    20x2 54,000.00

    Depreciation rate 5.00

    year Depreciation

    20x1 40,000.00
    20x2 50,000.00

    Accumulated dep Carrying Amount

    20,000
    7,200 12,800
    12,600 7,400
    16,200 3,800
    18,000 2,000

    6.)
    Equipment 200,000.00
    Useful life 5 years
    Residual Value 20,000.00
    Depreciation 150%

    Declining Rate 0.3 30%

    Year Dep'n Accumulated Dep'n Carrying Amount


    200,000.00
    1 60,000.00 60,000.00 140,000.00
    2 42,000.00 102,000.00 98,000.00
    SLM
    Machine 480,000.00
    Commission 20,000.00
    Freight cost 22,000.00
    Installation 18,000.00
    less: Residual Value (40,000.00)
    Depreciable Amount 500,000.00
    divided bt: useful life 10
    Annual Depreciation 50,000.00

    8000 unit Year Depreciation Accumulated Dep'n


    10,00 units
    20x1 50,000.00 50,000.00
    20x2 50,000.00 100,000.00

    540,000.00
    40,000.00
    500,000.00

    55

    Fraction Dep'n Expense Accumulated Dep' Carrying Amount


    540,000.00
    2/11 90,909.09 90,909.09 449,090.91
    9/55 81,818.18 172,727.27 367,272.73

    20%

    Accumulated dep'n Carrying Amount


    540,000.00
    108,000.00 432,000.00
    194,400.00 345,600.00
    Productivity
    8,000
    10,000

    per hour

    Accumulated Dep'n Carrying Amount


    540,000.00
    40,000.00 500,000.00
    94,000.00 446,000.00

    per unit

    Accumulated Dep'n Carrying Amount


    540,000.00
    40,000.00 500,000.00
    90,000.00 450,000.00

    4.)

    Machine 100,000.00 SYD 15


    Useful life 5 years
    Residual Value 10,000.00 year depreciable
    1 90,000.00
    SLM 2 90,000.00
    Machine 100,000.00 3 90,000.00
    less: Residual Value 10,000.00 4 90,000.00
    Depreciable Amount 90,000.00 5 90,000.00
    Useful life 5
    Depreciation Expense 18,000.00

    7.)
    Original Cost 290,000.00
    Residual Value 10,000.00
    Annual Group Dep'n 70,000.00
    Small tools Added 12,000.00
    Small tools retired 8,000.00
    Disposal Proceeds 1,000.00

    Original Cost 290,000.00


    Residual Value 10,000.00 Composite Life
    Depreciacle Amount 280,000.00 Composite rate

    Annual Group Dep'n 70,000.00


    Disposal Proceeds 1,000.00
    Depreciation expense 71,000.00

    loss of 1,000 because of the proceeds


    Carrying Amount
    540,000.00
    490,000.00
    440,000.00
    SYD Depreciation
    1/3 30,000.00
    4/15 24,000.00
    1/5 18,000.00
    2/15 12,000.00
    1/15 6,000.00
    4
    0.2414

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