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Help to calculate depreciation methods. Thank you. apter Ten Homework 5 A machine costing $207,400 with a four-year life and an estimated $17,000 salvage value
Help to calculate depreciation methods. Thank you.
apter Ten Homework 5 A machine costing $207,400 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 476,000 units of product during its life. It actually produces the following units: 123,400 in 1st year, 123,000 in 2nd year, 121.300 in 3rd year, 118,300 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimate-this difference was not predicted. (The machine must not be depreciated below its estimated salvage value.) oints Required Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. eBook(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 Ask Units of Straight Line Production DDB Print Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Straight-line depreciation. on Depreciation Year Total Units of Produetion Prev 5 of 6lB Next > len Homewrk A machine costing $207,400 with a four-year life an January 1. The factory manager estimates the machine will produce 476,000 units of product during its life. It actually produces the following units: 123,400 in 1st year, 123,000 in 2nd year, 121,300 in 3rd year, 118,300 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimate-this difference was not predicted. (The machine must not be depreciated below its estimated salvage value.) d an estimated $17,000 salvage value is installed in Luther Company's factory on 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) olk Complete this question by entering your answers in the tabs below. sk Straight Line Production DDB rint Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Double- declining-balance. rences DDB Depreciation for the Period End of Period Beginning of Period Book Accumulated Rate ExpenseDepreciation Book Value Units ot Productlon Step by Step Solution
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