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7 Problem 8-2A Depreciation methods LO P1 3.33 points A machine costing $208,800 with a four-year life and an estimated $18,000 salvage value is installed

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7 Problem 8-2A Depreciation methods LO P1 3.33 points A machine costing $208,800 with a four-year life and an estimated $18,000 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: 121700 in Year 1, 124,100 in Year 2, 120,400 in Year 3, 120,800 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.) 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) Skipped Complete this question by entering your answers in the tabs below. Straight Une Units of Production DOS Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Straight-line depreciation Stralobt-Line Depreciation Year Depreciation Expense 1 2 3 4 TH Saved Help Save & Exit A machine costing $208,800 with a four-year life and an estimated $18,000 salvage value is installed in Luther Company's facte January 1. The factory manager estimates the machine will produce 477,000 units of product during its life. It actually produces following units: 121,700 in Year 1, 124,100 in Year 2, 120,400 in Year 3, 120,800 in Year 4. The total number of units produced by t of Year 4 exceeds the original estimate--this difference was not predicted. (The machine cannot be depreciated below its estim salvage value.) Required: Compute depreciation for each year (and total depreciation of all years combined for the machine under each depreciation me (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 Straight Line DDB Production 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 Depreciation Expense Year Units per unit 1 2 121,700 124,100 120,400 120,800 3 4 0 Total DDB >

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