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compute depreciation for each year A machine costing $208,000 with a four-year life and an estimated $16,000 salvage value is installed in Luther Company's factory
compute depreciation for each year
A machine costing $208,000 with a four-year life and an estimated $16,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 480,000 units of product during its lfe. It actually produces the following units: 121,700 in Year 1,124,000 in Year 2,121,500 in Year 3,122,800 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. depreciation. A machine costing $208,000 with a four-year life and an estimated $16,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 480,000 units of product during its life. It actually produces the following units: 121,700 in Year 1,124,000 in Year 2,121,500 in Year 3,122,800 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 beiow 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. Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production. A machine costing $208,000 with a four-year life and an estimated $16,000 salvage value is installed in Luther Company/s factory on January 1. The factory manager estimates the machine will produce 480,000 units of product during its life. it actually produces the following units: 121,700 in Year 1,124,000 in Year 2,121,500 in Year 3,122,800 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 belowits 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. Compute depreciation for each year (and total depreclation of all years combined) for the machine under the Doubledeclining-baiance Step by Step Solution
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