Question
A machine costing $ 2 0 9 , 2 0 0 with a four - year life and an estimated $ 1 8 , 0
A machine costing $ with a fouryear life and an estimated $ salvage value is installed in Luther Companys factory on January The factory manager estimates the machine will produce units of product during its life. It actually produces the following units: in Year in Year in Year in Year The total number of units produced by the end of Year exceeds the original estimatethis 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.
Note: Round your per unit depreciation to decimal places. Round your answers to the nearest whole dollar.
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Fundamental Accounting Principles
Authors: John Wild, Ken Shaw, Barbara Chiappetta
22nd edition
9781259566905, 978-0-07-76328, 77862279, 1259566900, 0-07-763289-3, 978-0077862275
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