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Please complete all 3 requirements. These are Straight line, units of production and double declining balance. A machine costing $ 2 1 2 , 2
Please complete all requirements. These are Straight line, units of production and double declining balance.
A machine costing $ with a fouryear life and an estimated $ salvage value is installed in Luther Company's factory on
January The factory manager estimates the machine will produce units of product during its life. It actually produces the
following units: in Year in Year in Year in Year The total number of units produced by the end
of Year exceeds the original estimatethis 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.
Note: Round your per unit depreciation to decimal places. Round your answers to the nearest whole dollar.
Complete this question by entering your answers in the tabs below.
Double
Production
declining
balance
Compute depreciation for each year and total depreciation of all years combined for the machine under the Straightline
depreciation.
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