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4 4 16 points A machine costing $213.800 with a four-year life and an estimated $19.000 salvage value is installed in Luther Company's factory on
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4 16 points A machine costing $213.800 with a four-year life and an estimated $19.000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 487,000 units of product during its life. It actually produces the following units: 122100 in Year 1.123 200 in Year 2.120.100 in Year 3, 131,600 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimate-this difference was not predicted. Note: The machine cannot be depreciated below its estimated salvage value. 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 doller.) Skipped eBook Complete this question by entering your answers in the tabs below. Print DDB Stralght Une Units of Production Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Straight-line depreciation References Straight-Line Depreciation Depreciation Year Expense Year 1 Year 2 Year 3 Year 4 Total tine Units of Production > a A machine costing $213,800 with a four-year life and an estimated $19.000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 497.000 units of product during its life. It actually produces the following units: 122,100 in Year 1, 123,200 in Year 2, 120,100 in Year 3, 131,600 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimate-this difference was not predicted. Note: The machine cannot be depreciated below its estimated salvage value. 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.) Complete this question by entering your answers in the tabs below. Straight Line Units of Production DDB Compute depreciation for each year and total depreciation of all years combined) for the machine under the Units of production Year Year 1 Year 2 Year 3 Year 4 Total Units of Production Units Depreciable Depreciation Depreciation Units per unit Expense 122 100 123,200 120,100 131,600 $ A machine costing $213.800 with a four-year life and an estimated $19,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 487,000 units of product during its life. It actually produces the following units: 122100 in Year 1, 123.200 in Year 2. 120,100 in Year 3. 131.600 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimate-this difference was not predicted. Note: The machine cannot be depreciated below its estimated salvage value 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.) Complete this question by entering your answers in the tabs below. Units of Production DDB Straight Line Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double- declining-balance Year Rate Year 1 Year 2 Year 3 Year 4 Total DDB Depreciation for the Period End of Period Beginning of Period Book Depreciation Depreciation Accumulated Value Book Value Expense Depreciation % $ 0 % 0 % 0 % $ 0 Step by Step Solution
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