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A machine costing $212,400 with a four-year life and an estimated $18,000 salvage value is installed in Luther Companys factory on January 1. The factory

A machine costing $212,400 with a four-year life and an estimated $18,000 salvage value is installed in Luther Companys factory on January 1. The factory manager estimates the machine will produce 486,000 units of product during its life. It actually produces the following units: 123,400 in Year 1, 124,000 in Year 2, 120,300 in Year 3, 128,300 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimatethis 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.) image text in transcribed

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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 Double- declining balance. DDB Depreciation for the Period End of Period Beginning of Year Period Book Depreciation Depreciation Accumulated Book Value Value Rate Expense Depreciation Year 1 % $ 0 Year 2 % 0 Year 3 % 0 Year 4 % 0 Total $ 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 per unit Year 1 Year 2 Year 3 Year 4 Total Units of Production Units Depreciable Depreciation Depreciation Units Expense 123,400 123,400 $ 0.40 s 49,360 124,000 124,000 $ 0.40 49,600 120,300 120,300 $ 0.40 48,120 128,300 128,300 $ 0.40 51,320 496,000 $ 198,400 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 48,600 Year 2 48,600 Year 3 48,600 48,600 194,400 Year 1 $ Year 4 Total S

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