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A machine costing $ 2 1 0 , 8 0 0 with a four - year life and an estimated $ 1 6 , 0
A machine costing $ with a fouryear life and an estimated $ salvage value is installed in Luther Company's 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 unlt depreclatlon to declmal places. Round your answers to the nearest whole dollar.
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Units of Production
Double declining balance
Compute depreciation for each year and total depreciation of all years combined for the machine under the Doubledecliningbalance.
tabletableDoubledecliningbalance Depreciation for thePeriodEnd of Period,YeartableBeginning ofPeriod BookValuetableDepreciationRatetableDepreciationExpensetableAccumulatedDepreciationBook Value,Year Year Year Year Total
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