A machine costing $213.000 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 485.000 units of product during its life. It actually produces the following units 122,700 in Year 1.123.100 in Year 2. 120,000 in Year 3.129.200 in Year 4. The total number of units produced by the end of Year 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 DOU Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Straight-line depreciation Straight-Line Deneciation Year Depreciation Expense 1 2 3 4 Total $ A machine costing $213,000 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 485,000 units of product during its life. It actually produces the following units: 122,700 in Year 1, 122,100 in Year 2, 120,000 in Year 3, 129 200 in Year 4 The total number of units produced by the end of Year a 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 Computer depreciation for each year and total depreciation of all years combined) for the machine under the Units of production Year Depreciation Expense 1 2 Units of Production Depreciable Depreciation Units Units per unit 122 700 123,100 120 000 120 200 Tot $ A machine costing $213,000 with a four year fife 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 485,000 units of product during its life. It actually produces the following units: 122700 in Year 1 123100 in Year 2, 120,000 in Year 3. 129.200 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 testal depreciation of all years combined) for the machine under the Double- dedining balance. DOB Depreciation for the Period Beginning of Period Book Depreciation Depreciation Value Rato Expense End of Period Accumulated Book Value Depreciation $ 0 0 1 2 0 4 TOM
