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A machine costing S212,400 with a four-year life and an estimated $20,000 salvage value is installed in Luther Company's factory on January 1. The
A machine costing S212,400 with a four-year life and an estimated $20,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 481,000 units of product during its life. It actually produces the following units: 122,200 in Year 1, 122,800 in Year 2, 120,700 in Year 3, 125,300 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: ak 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.) Check Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation meti (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 Production Straight Line DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Straight-line depreciation. Straight-Line Depreciation Depreciation Expense Year 3 4 Total Straight Line Units of Production> Complete this question by entering your answers in the tabs below. Units of Straight Line DDB Production ook Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production. rint rences Units of Production Depreciable Units Depreciation per unit Depreciation TExpense Year Units 122,200 2 122,800 3 120,700 4 125,300 Total < Straight Line DDB > Complete this question by entering your answers in the tabs below. Units of Production Straight Line DDB ok Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double- declining-balance. nt inces DDB Depreciation for the Period End of Perlod Beginning of Period Book Value Depreciation Depreciation Rate Accumulated Depreciation Year Expense Book Value % 2 4 Total ( Units of Production DDB>
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