Hi, please help with the red marked part and provide the detailed solution of how you get this. You should exactly follow the chart above to answer the question. Thank you!
Problem 10-2A Depreciation methods LO P1 A machine costing $208,000 with a four-year life and an estimated $18,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 475,000 units of product during its life. It actually produces the following units: 121,900 in 1st year, 123,400 in 2nd year, 121,100 in 3rd year, 118,600 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.) 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.) Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below Units of Straight Line Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Units of production. Units of Production Depreciable Depreciation Depreciation Year Units Expense per unit 21,900 0.39 23400 21,100 118,600 X $ 485,000 47,541 48,126 47,229 46,254 $ 189,150 0.39 0.39 0.39 Total Straight Line DDB> Problem 10-2A Depreciation methods LO P1 A machine costing $208,000 with a four-year life and an estimated $18,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 475,000 units of product during its life. It actually produces the following units: 121,900 in 1st year, 123,400 in 2nd year, 121,100 in 3rd year, 118,600 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.) 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.) Answer is complete but not entirely correct Complete this question by entering your answers in the tabs below Units of Straight Line Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Double- declining-balance DDB Depreciation for the Period End of Period Beginning Depreciation Accumulated Depreciation of Period Depreciation Book Value Year Rate Expense Value $ 208,000 104,000 52,000 26,000 50 % $ 104.00 $ 104,000 $ 104,000 52,000 26,000 13,000 52,000 26,000 13,000 $ 195,000 156,000 182,000 195,000 4 50 % Units of Production DDB
