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A machine costing $214.200 with a four-year life and an estimated $19,000 salvage value is installed in Luther Company's factory on January 1. The factory
A machine costing $214.200 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 488,000 units of product during its life. It actually produces the following units: 122,100 in 1st year, 122,800 in 2nd year, 119,800 in 3rd year, 133,300 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimate-this difference was not predicted. (The machine must not 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 methoo (Round your per unit deprciation to 2 decimal places. Round your answers to the nearest whole dollar.) Complete this question by entering your answers in the tabs below DDB Straight Line Units of Production Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Double- declining-balance. DDB Depreciation for the Period End of Period Beginning of Value S 214,200 Year Period Book Depreciation Depreciation Accumulated Expense Depreciation Book Value Rate 107.100| 160 650 187 425 200 813 $ 107 100 53,550 26.775 13.387 107.1001 s 107.100 53,550 26 775I 53.550 26.775 501% :13387. S 200 813 Units of Production
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