A machine costing $215,200 with a four-year life and an estimated $18,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 493,000 units of product during its life. It actually produces the following units: 122,700 in Year 1, 124,100 in Year 2, 120,000 in Year 3, 136,200 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimate-this difference was not predicted. 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.) Complete this question by entering your answers in the tabs below. Straight Lines 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 1 2 3 4 Total Units of Production > A machine costing $215,200 with a four-year life and an estimated $18,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 493,000 units of product during its life. It actually produces the following units: 122,700 in Year 1, 124,100 in Year 2, 120,000 in Year 3, 136,200 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimate this difference was not predicted. 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.) Complete this question by entering your answers in the tabs below. Units of Straight Une Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production Year Units Units of Production Depreciable Depreciation Units per unit Depreciation Expense 1 2 122,700 124,100 120,000 136,200 3 4 Total Straight Line DDR A machine costing $215,200 with a four-year life and an estimated $18,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 493,000 units of product during its life. It actually produces the following units: 122,700 in Year 1. 124100 in Year 2, 120,000 in Year 3, 136,200 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimate--this difference was not predicted. 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.) 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 the Double- declining balance Year 1 2 3 DDB Depreciation for the Period End of Period Beginning of Period Book Depreciation Depreciation Accumulated Value Rate Expense Depreciation Book Value % % % % 4 Total
