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A machine costing $215,000 with a four-year life and an estimated $17,000 salvage value is installed in Luther Companys factory on January 1. The factory

A machine costing $215,000 with a four-year life and an estimated $17,000 salvage value is installed in Luther Companys factory on January 1. The factory manager estimates the machine will produce 495,000 units of product during its life. It actually produces the following units: 122,100 in 1st year, 122,600 in 2nd year, 121,400 in 3rd year, 138,900 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimatethis 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 method. (Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar.)

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A machine costing $215,000 with a four-year life and an estimated $17,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 495,000 units of product during its life. It actually produces the following units: 122,100 in 1st year, 122,600 in 2nd year, 121,400 in 3rd year, 138,900 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 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. Units of Straight Line DDB Production Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Straight-line depreciation. Straight-Line Depreciation Depreciation xpense Year 3 4 Total > Straight Line Units of Production Units of Straight Line DDB Production Compute depreciation for each year (and total depreciation of all years com production. Units of Production Depreciable Units Depreciation per unit Depreciation Expense Year 4 Total %24 3. Units of Straight Line DDB Production Compute depreciation for each year (and total depreciation of all years combined) for the machine declining-balance. DDB Depreciation for the Period End of Period Beginning of Period Book Depreciation Depreciation Accumulated Expense Year Book Value Rate Depreciation Value 4 $ Units of Production DDB

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