Hello,

I just need some help on the ->Units of Production

Thank you!

Units of Production, I just need help with this part down below. Thank you!

Problem 8-2A Depreciation methods LO P1 A machine costing $215,600 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 489,000 units of product during its life. It actually produces the following units: 122,400 in Year 1, 122,800 in Year 2, 120,200 in Year 3, 133,600 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: Compute depreciation for each year and total depreciation of all years combined) for the machine under each depreciation method. (Round your per unit depreclation to 2 decimal places. Round your answers to the nearest whole dollar.) Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Straight Line Units of Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Straight-line depreciation Year 1 Straight-Line Depreciation Depreciation Expense $ 48,900 48,900 48,900 48,900 S 195,600 2 3 4 Total Complete this question by entering your answers in the tabs below. Straight Line Units of Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production. ******** Year Units 1 Units of Production Depreciable Depreciation Units per unit 122,600 s 0.40 123,800 $ 0.40 120,500 $ 0.40 122, 100 $ 0.40 S 489,000 122,400 122,800 120,200 133,600 2 Depreciation Expense S 49,040 49,520 48,200 48,840 S 195,600 3 4 Total Complete this question by entering your answers in the tabs below. Straight Line Units of Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double- declining-balance. DDB Depreciation for the Period End of Period Beginning of Period Depreciation Depreciation Accumulated Book Year Book Rate Expense Depreciation Value Value S 215,600 50 % S 107,800 S 107,800 $ 107,800 2 107,800 50 % 53,900 161,700 53,900 3 53,900 50 % 26,950 188,650 26,950 4 26,950 6,950 195,600 20,000 Total S 195,600 1 50