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3 A machine costing $205,800 with a four-year life and an estimated $15,000 salvage value is installed in Luther Company's factory on January 1. The
3 A machine costing $205,800 with a four-year life and an estimated $15,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 477,000 units of product during its life. It actually produces the following units: 122,200 in Year 1, 122,700 in Year 2, 121,000 in Year 3, 121,100 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimatethis difference was not predicted. (The machine cannot be depreciated below its estimated salvage value.) 1.78 points Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. (Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar.) eBook Complete this question by entering your answers in the tabs below. Print Straight Line Units of Production DDB References Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Straight-line depreciation. Straight-Line Depreciation Year Depreciation Expense 1 2 3 4 Total $ 0 3 A machine costing $205,800 with a four-year life and an estimated $15,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 477,000 units of product during its life. It actually produces the following units: 122,200 in Year 1, 122,700 in Year 2, 121,000 in Year 3, 121,100 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimatethis difference was not predicted. (The machine cannot be depreciated below its estimated salvage value.) 1.78 points Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. (Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar.) eBook Complete this question by entering your answers in the tabs below. Print Straight Line Units of Production DDB References Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production. Units of Production Depreciable Depreciation Units per unit Year Units Depreciation Expense 1 122,200 122,700 2 3 121,000 121,100 4 Total $ 0 3 A machine costing $205,800 with a four-year life and an estimated $15,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 477,000 units of product during its life. It actually produces the following units: 122,200 in Year 1, 122,700 in Year 2, 121,000 in Year 3, 121,100 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimate-this difference was not predicted. (The machine cannot be depreciated below its estimated salvage value.) 1.78 points Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. (Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar.) eBook Complete this question by entering your answers in the tabs below. Print Straight Line Units of Production DDB References Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double- declining-balance. End of Period DDB Depreciation for the Period Beginning of Period Book Depreciation Depreciation Rate Value Expense Year Accumulated Depreciation Book Value 1 $ 0 2 0 % % % % 3 0 4 0 Total $ 0
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