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multi part Check Problem 8-2A Depreciation methods LO P1 A machine costing $210,800 with a four-year life and an estimated $18,000 salvage value is installed
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Check Problem 8-2A Depreciation methods LO P1 A machine costing $210,800 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 482,000 units of product during its life. It actually produces the following units: 121,800 in Year 1, 122,700 in Year 2, 121,500 in Year 3, 126,000 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.) 39:41 Required: sok 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 Depreciation Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depre (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 Depreciation Depreciation Year Expense 1 2 3 4 Total $ 0 Star Units of Production > Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each deprecia (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 Units of production. Units of Production Depreciation Depreciation Expense Year Depreciable Units Units per unit 1 2 121,800 122.700 121.500 126,000 3 4 $ Total Prey 5 of 6 Next > Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciatio (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 Double declining-balance. End of Period DDB Depreciation for the Period Beginning of Period Book Depreciation Depreciation Rate Expense Value % Year Accumulated Depreciation Book Value $ 0 1 0 2 3 % % 96 0 0 4 Total Step by Step Solution
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