A machine costing $210,200 with a four-year life and an estimated $19,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 478,000 units of product during its life. It actually produces the Hollowing units: 122.400 in Year 1. 123.700 in Year 2, 121,200 in Year 3, 120,700 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.) Complete this question by entering your answers in the tabs below. Straight Line Units of Production DOB Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Straight-line depreciation. Straight Line Depreciation Year Depreciation Expense 5 2 4 Total Units of Production > Prey 1 of 2 Next > A machine costing $210,200 with a four-year life and an estimated $19.000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 478.000 units of product during its life. It actually produces the following units: 122,400 in Year 1. 123,700 in Year 2, 121.200 in Year 3, 120.700 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.) 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 Year Depreciation per unit Units of Production Depreciation Expense 1 2 a Units Depreciable Units 122 400 123.700 121 200 120,700 Total epreciation methods LO P1 A machine costing $210. 200 with a four-year life and an estimated $19.000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 478,000 units of product during its life it actually produces the following units: 122.400 in Year 1.123.700 in Year 2. 121200 in Year 3, 120,700 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) Complete this question by entering your answers in the tabs below. Straight Line Units of Production DOB Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double declining-balance. Year End of Period Accumulated Book Value Depreciation 1 2 DDB Depreciation for the Period Beginning of Period Book Depreciation Depreciation Rate Value Expense % % % * 3 4 Total
