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Problem 1 0 - 2 A ( Static ) Depreciation methods LO P 1 A machine costing $ 2 5 7 , 5 0 0
Problem A Static Depreciation methods LO P
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 and
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 depreclated below its estimated salvage value.
Required:
Compute depreclation for each year and total depreciation of all years combined for the machine under each
depreclation method.
Note: Round your per unit depreclatlon to decimal places.
Complete this question by entering your answers in the tabs below.
Double
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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