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Instructions: Assume that Manufactures, Inc. later buys machinery for manufacturing in one of their old facilities. The machinery costed $200,000 and they estimate a residual value of $20,000. The senior accountant estimates a useful life for the equipment of 5 years or 5,000 hours. Help the senior accountant calculate and fill in the depreciation schedule for each yearr if they use the activity-based method. Year | Hours used | Depreciation rate | Depreciation expense | Accumulated depreciation | Ending book value 1 | 1,000 | | | | 2 | 1,200 | | | | 3 | 800 | | | | 4 | 1,300 | | | | 5 | 700 | | | |

          Instructions: Assume that Manufactures, Inc. later buys machinery for manufacturing in one of their old facilities. The machinery costed $200,000 and they estimate a residual value of $20,000. The senior accountant estimates a useful life for the equipment of 5 years or 5,000 hours. Help the senior accountant calculate and fill in the depreciation schedule for each yearr if they use the activity-based method. Year | Hours used | Depreciation rate | Depreciation expense | Accumulated depreciation | Ending book value 1 | 1,000 | | | | 2 | 1,200 | | | | 3 | 800 | | | | 4 | 1,300 | | | | 5 | 700 | | | |

Instructions: Assume that Manufactures, Inc. later buys machinery for manufacturing in one of their old facilities. The machinery costed 200,000 and they estimate a residual value of20,000. The senior accountant estimates a useful life for the equipment of 5 years or 5,000 hours. Help the senior accountant calculate and fill in the depreciation schedule for each yearr if they use the activity-based method. Year | Hours used | Depreciation rate | Depreciation expense | Accumulated depreciation | Ending book value 1 | 1,000 | | | | 2 | 1,200 | | | | 3 | 800 | | | | 4 | 1,300 | | | | 5 | 700 | | | |

Added by Sebastian M.

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