中级财务会计英多文版.课后答案(chap06).docVIP

Exercise 6-1 1. Straight-line: $33,000 - 3,000 = $6,000 per year 5 years 2. Sum-of-the-years’ digits: Year Depreciable Base X Depreciation Rate per Year = Depreciation 2011 $30,000 $10,000 2012 30,000 8,000 2013 30,000 6,000 2014 30,000 4,000 2015 30,000 2,000 Total $30,000 Exercise 6-1 (concluded) 3. Double-declining balance: Straight-line rate of 20% (1 ÷ 5 years) x 2 = 40% DDB rate. Year Book Value Beginning of Year X Depreciation Rate per Year = Depreciation Book Value End of Year 2011 $33,000 40% $ 13,200 $19,800 2012 19,800 40% 7,920 11,880 2013 11,880 40% 4,752 7,128 2014 7,128 40% 2,851 4,277 2015 4,277 * 1,277 * 3,000 Total $30,000 * Amount necessary to reduce book value to residual value 4. Units-of-production: $33,000 - 3,000 = $.30 per mile depreciation rate 100,000 miles Year Actual Miles Driven X Depreciation Rate per Mile = Depreciation Book Value End of Year 2011 22,000 $.30 $6,600 $26,400 2012 24,000 .30 7,200 19,200 2013 15,000 .30 4,500 14,700 2014 20,000 .30 6,000 8,700 2015 21,000 * 5,700 * 3,000 Totals 102,000 $30,000 * Amount necessary to reduce book value to residual value Exercise 6-2 1. Straight-line: $115,000 - 5,000 = $11,000 per year 10 years 2. Sum-of-the-years’ digits: Sum-of-the-digits is ([10 (10 + 1)] ÷ 2) = 55 2011 $110,000 x 10/55 = $20,000 2012 $110,000 x 9/55 = $18,000 3. Double-declining balance: Straight-line rate is 10% (1 ÷ 10 years) x 2 = 20% DDB rate 2011 $115,000 x 20% = $23,000 2012 ($115,000 - 23,000) x 20% = $18,400 4. One hundred fifty percent declining balance: Straight-line rate is 10% (1 ÷ 10 years