Compute the amount of amortization for the equipment

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On January 1, 2010, a machine costing $50,000 with a 4-year service life and an estimated $6,000 residual value was purchased. The machine would produce 400,000 units during its life. The actual units produced during the four years were 80,000, 120,000, 110,000, and 90,000.

Problem 1: Compute the amount of amortization for this equipment for all of the 4 years, using Straight Line, UOP, and DDB method

Reference no: EM132815046

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