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A machine costing $ 2 1 5 , 8 0 0 with a four - year life and an estimated $ 1 9 , 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.Compute depreciation for each year and total depreciation of all years combined for the machine under the Straightline depreciation. Compute depreciation for the first year under unitsofproduction. Compute depreciation for the first year under doubledecliningbalance.
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