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please complete all parts! thank you!! 15 A machine costing $207,800 with a four-year life and an estimated $17.000 salvage value is installed in Luther
please complete all parts! thank you!!
15 A machine costing $207,800 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 477,000 units of product during its life. It actually produces the following units: 122,000 in Year 1, 122,900 in Year 2.120,500 in Year 3, 121,600 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.) Required: Compute depreciation for each year (and total depreciation of all years combined) for the machine under coch depreciation method (Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar) Pynt Complete this question by entering your answers in the tabs below. Units of Straight Line Production 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 Units of Production > 15 A machine costing $207,800 with a four-year life and an estimated $17000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 477,000 units of product during its life. It actually produces the following units: 122,000 in Year 1, 122,900 in Year 2. 120,500 in Year 3, 121,600 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.) 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) Prire Complete this question by entering your answers in the tabs below. Straight Line Units of DDB Production Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production Year Units Depreciable Units Units of Production Depreciation Depreciation per unit Expense 1 2 3 122.000 122.900 120,500 121,600 4 Total 15 A machine costing $207,800 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 477,000 units of product during its life. It actually produces the following units: 122,000 in Year 1, 122,900 in Year 2, 120,500 in Year 3, 121600 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.) Required: Compute depreciation for each year (and total depreciation of oll 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.) eBook Complete this question by entering your answers in the tabs below. Straight Line Units of Production DDS Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double declining-balance Year DDB Depreciation for the Period End of Period Beginning of Depreciation Depreciation Accumulated Period Book Rate Book Value Expense Depreciation Value % % 1 2 % % 4 Total Step by Step Solution
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