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A machine costing $212,000 with a four-year life and an estimated $20,000 salvage value is installed in Luther Company's factory on Aanuary 1. The factory
A machine costing $212,000 with a four-year life and an estimated $20,000 salvage value is installed in Luther Company's factory on Aanuary 1. The factory manager estimates the machine wili produce 480,000 units of product during its life. It actually produces the following units: 121,900 in Year 1 and 123,600 in Year 2 Compute depreciation for the machine's second year of operation under each depreciation method, (Round your per unit Required: depreciation to 2 decimal places. Round your answers to the nearest whole dollar.) Complete this question by entering your answers in the tabs below. Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Straight-ine depreciation. A machine costing $212,000 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 480,000 units of product during its life. It actually produces the following units: 121,900 in Year 1 and 123,600 in Year 2. Required: Compute depreciation for the machine's second year of operation 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. Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production. A machine costing $212,000 with a four-year life and an estimated $20.000 salvage value is installed in Luther Company's factory o January 1. The factory manager estimates the machine will produce 480,000 units of product during its life. It actually produces the following units; 121,900 in Year 1 and 123,600 in Year 2 Required: Compute depreciation for the machine's second year of operation 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. Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Doubledeclining-balance
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