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635
Problem 10-3A (45 minutes)
Part 1
Land
Building
2
Building
3
Land
Improve-
ments 1
Land
Improvements
2
*Allocation of purchase price
Appraised
Value
Percent
of Total
Apportioned
Cost**
Part 2
2017
Part 3
2017
Dec. 31
Depreciation Expense—Building 2 ..............................
26,900
636
Problem 10-4A (50 minutes)
2016
Jan. 1
Equipment ................................................................
300,600
2017
637
Problem 10-5A (40 minutes)
2016
2018
638
Problem 10-6A (20 minutes)
1.
2. a. First year
3. Accumulated depreciation at the date of disposal
639
Problem 10-7A (20 minutes)
a.
d.
Analysis Component
640
Problem 10-8A (20 minutes)
1.
2017
(a)
2.
2017
(a)
Wild, Shaw, Chiappetta, FAP 23e Solutions Manual: Chapter 10
641
PROBLEM SET B
Problem 10-1B (50 minutes)
Part 1
Estimated
Market Value
Percent
of Total
Apportioned
Cost
Part 2
Part 3
deferred tax amounts for investment purposes until they are due.]
642
Problem 10-2B (25 minutes)
bUnits-of-production:
Cost per unit = $294,000/1,470,000 units = $0.20 per unit
Year
Units
Unit Cost
Depreciation
1 ..............
355,600
$0.20
$ 71,120
cDouble-declining-balance (amounts rounded to the nearest dollar):
Problem 10-3B (45 minutes)
Part 1
Land
Building
B
Building
C
Land
Improve-
ments B
Land
Improve-
ments C
*Allocation of
purchase price
Appraised
Value
Percent
of Total
Apportioned
Cost
Land .........................................
$ 795,200
56%
$ 868,000
Part 2
Part 3
2017
Dec. 31
Depreciation Expense—Building B ................................
28,500
644
Problem 10-4B (50 minutes)
2016
2017
Dec. 31
Depreciation Expense—Equipment ...........................
3,760*
645
Problem 10-5B (40 minutes)
2016
Jan. 1
Machinery ................................................................
114,270
2017
Dec. 31
Depreciation Expense—Machinery ............................
27,500*
2018
Dec. 31
Depreciation Expense—Machinery ............................
27,500
646
Problem 10-6B (20 minutes)
1.
Jan. 1
Machinery ..................................................................
150,000
2. a. First year
Dec. 31
Depreciation Expense—Machinery ............................
20,000
3. Accumulated depreciation at the date of disposal
