{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T02:12:35-04:00", "answer_date": "2024-05-26 02:12:35", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1720136", "url": "\/study-help\/questions\/a-machine-costing-210200-with-a-fouryear-life-and-an-1720136", "question_creation_date_js": "2024-05-26T02:12:35-04:00", "question_creation_date": "May 26, 2024 02:12 AM", "meta_title": "[Solved] A machine costing $210,200 with a four-ye | SolutionInn", "meta_description": "Answer of - A machine costing $210,200 with a four-year life and an estimated $15,000 salvage value is installed in Luther Company | SolutionInn", "meta_keywords": "machine,costing,$210,200,four-year,life,estimated,$15,000,salvage,value,installed,luther,company", "question_title_h1": " A machine costing $210,200 with a four-year life and an estimated $15,000 salvage value is installed in Luther Company's factory on January 1. The", "question_title": " A machine costing $210,200 with a four-year life and an estimated", "question_title_for_js_snippet": "A machine costing $210,200 with a four year life and an estimated $15,000 salvage value is installed in Luther Company's factory on January 1 The factory manager estimates the machine will produce 488,000 units of product during its life It actually produces the following units 122,800 in Year 1, 122,700 in Year 2, 120,400 in Year 3, 132,100 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 ) Answer is not complete 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 Units of Production Depreciable Depreciation Depreciation 23 3 44 points Answer is not complete Complete this question by entering your answers in the tabs below Straight Line Units of Production DOB 02 4443 Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production Units of Production Depreciable Year Unita Units Depreciation per unit Depreciation Expense 1 122,800 122,800 $ 2 122,700 122,700 s 0 405 400 49,120 49,080 3 120,400 120,400 $ 0 40 48,160 4 132,100 11,700 $ 0 40 48,840 Total $ 377,600 195,200 Return to question Homework 5 23 Help Save Exit Submi Check my work mode This shows what is correct or incorrect for the work you have completed so far It does not indicate completion Answer is not complete Complete this question by entering your answers in the tabs below Return to question 3 44 pos 2024434 Units of DOB Straight Line Production Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double declining balance DOB Depreciation for the Period Beginning Depreciation Depreciation Year of Period End of Period Accumulated Book Value Rate Expense Depreciation Book Value t $ 210 200 50 $ 210 200 2 60 3 50 4 50 0 Total 0", "question_description": "\"image\"image\"image", "transcribed_text": "A machine costing $210,200 with a four-year life and an estimated $15,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 488,000 units of product during its life. It actually produces the following units: 122,800 in Year 1, 122,700 in Year 2, 120,400 in Year 3, 132,100 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.) Answer is not complete. 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. Units of Production Depreciable Depreciation Depreciation 23 3:44 points Answer is not complete. Complete this question by entering your answers in the tabs below. Straight Line. Units of Production DOB 02-4443 Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production. Units of Production Depreciable Year Unita Units Depreciation per unit Depreciation Expense 1 122,800 122,800 $ 2 122,700 122,700 s 0.405 400 49,120 49,080 3 120,400 120,400 $ 0.40 48,160 4 132,100 11,700 $ 0.40 48,840 Total $ 377,600 195,200 Return to question Homework #5 23 Help Save & Exit Submi Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Answer is not complete. Complete this question by entering your answers in the tabs below. Return to question 3.44 pos 2024434 Units of DOB Straight Line Production Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double- declining balance. DOB Depreciation for the Period Beginning Depreciation Depreciation Year of Period End of Period Accumulated Book Value Rate Expense Depreciation Book Value t $ 210.200 50% $ 210.200 2 60% 3 50% 4 50 % 0 Total 0", "related_book": { "title": "Intermediate Accounting", "isbn": "978-1118159644, 9781118562185, 1118159640, 1118147294, 978-1118147290", "edition": "15th edition", "authors": "Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/253.jpg", "uri": "\/textbooks\/intermediate-accounting-15th-edition-253", "see_more_uri": "" }, "free_related_book": { "isbn": "0595290361", "uri": "\/textbooks\/pawn-1st-edition-9780595290369-9780595749386", "name": "Pawn", "edition": "" }, "question_posted": "2024-05-26 02:12:35", "see_more_questions_link": "\/study-help\/questions\/business-business-communication-2023-February-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/management-and-cost-accounting-11th\/darwin-uses-decision-tree-analysis-in-order-to-evaluate-potential", "description": "Darwin uses decision tree analysis in order to evaluate potential projects. The company has been looking at the launch of a new product which it believes has a 70 per cent probability of success. 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