Help Save LE Problem 8-2A (Algo) Depreciation methods LO P1 A machine costing $213,000 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 490,000 units of product during its life. It actually produces the following units: 122.400 in Year 1,124.200 in Year 2, 121,600 in Year 3, 131,800 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. 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 Straight Line Dreciation Year Depreciation Expense Year Year 2 Year Year 4 Toal Help Save Problem 8-2A (Algo) Depreciation methods LO P1 A machine costing $213,000 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 490,000 units of product during its life. It actually produces the following units: 122,400 in Year 1,124,200 in Year 2, 121,600 in Year 3, 131,800 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. Straight line Units of Production DOB Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production Year Depreciation Expense Year 1 Year 2 Year 3 Year 4 Total Units of Production Units Depreciable Depreciation Units per unit 122.400 124.200 121,600 131,800 Saved Problem 8-2A (Algo) Depreciation methods LO P1 Help Save & Exit A machine costing $213,000 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 490,000 units of product during its life. It actually produces the following units: 122,400 in Year 1,124,200 in Year 2, 121,600 in Year 3, 131,800 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. Straight Une Units of Production DDB Compute depreciation for each year and total depreciation of all years combined) for the machine under the Double- dedining-balance Year ODB Depreciation for the Period End of Period Beginning of Perlod Book Depreciation Depreciation Accumulated Value Rate Expense Book Value Depreciation % Year 1 Year 2 Year 3 Year 4 %
