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A machine costing $212,400 with a four-year life and an estimated $16,000 salvage value is installed in Luther Company's factory on January 1 The factory
A machine costing $212,400 with a four-year life and an estimated $16,000 salvage value is installed in Luther Company's factory on January 1 The factory manager estimates the machine will produce 491,000 units of product during its life. It actually produces the following units: 122,800 in Year 1, 123,200 in Year 2, 121,300 in Year 3, 133,700 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. DOB Straight line Units of Production 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 $ 49.100 2 49.100 3 49.100 4 49.100 Total $ 195.400 Complete this question by entering your answers in the tabs below. Straight Line Upits of DDB Production Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production. Units of Production Units Depreciable Depreciation Depreciation Units Expense 1 123,200 121.300 133,700 Year per unit 122,800 2 3 4 Total $ 0 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 D declining-balance. DDB Depreciation for the Period End of Poriod Beginning of Depreciation Depreciation Period Book Accumulated Book Value Expense Depreciation Value % Year Rate 1 O 2 % 3 % 0 4 % 0 $ 0 Total
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