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A machine costing $210,400 with a four-year life and an estimated $20,000 salvage value is installed in Luther Companys factory on January 1. The factory

A machine costing $210,400 with a four-year life and an estimated $20,000 salvage value is installed in Luther Companys factory on January 1. The factory manager estimates the machine will produce 476,000 units of product during its life. It actually produces the following units: 122,600 in Year 1, 123,600 in Year 2, 121,300 in Year 3, 118,500 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimatethis 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.)

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A machine costing $210,400 with a four-year life and an estimated $20,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 476,000 units of product during its life. It actually produces the following units: 122,600 in Year 1, 123,600 in Year 2, 121,300 in Year 3, 118,500 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 Straight-line depreciation Straight-Line Depreciation Year Depreciation Expense 1 2 3 Total $ 0 Straight Line Units of Production > A machine costing $210,400 with a four-year life and an estimated $20,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 476,000 units of product during its life. It actually produces the following units: 122,600 in Year 1, 123,600 in Year 2, 121,300 in Year 3, 118,500 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 Units of Production Depreciation Expense Units Depreciable Units Depreciation per unit 1 2 122,600 123,600 121,300 118,500 3 4 Total $ 0 A machine costing $210,400 with a four-year life and an estimated $20,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 476,000 units of product during its life. It actually produces the following units: 122,600 in Year 1, 123,600 in Year 2, 121,300 in Year 3, 118,500 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. DDB Units of Straight Line Production Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double- declining-balance. End of Period Year DDB Depreciation for the Period Beginning of Depreciation Depreciation Period Book Value Rate Expense % % Accumulated Depreciation Book Value 1 $ 0 0 | | % 0 4 % 0 Total S 0

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