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need help on how to obtain these answers A machine costing $215,600 with a four-year life and an estimated $20,000 salvage value is installed in
need help on how to obtain these answers
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: 123,100 in Year 1,123,300 in Year 2.120,600 in Year 3, 132,000 in Year 4. The total number of units produced by the end of Year 1 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) est Whole dollar. Complete this question by entering your answers in the tabs below. Units of Straight Line DDB Production Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Straight-line depreciation Straight Line Depreciation Year Depreciation Expense Year 1 Year 2 Year 3 Year 4 Total S Units of Production > 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 th production Year Year 1 Year 2 Year 3 Year 4 Total Units of Production Units Depreciable Depreciation Depreciation Units per unit Expense 123,100 123,300 120 600 132,000 0 Mc Graw Hill Step by Step Solution
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