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Problem 10-2A Depreciation methods LO P1 A machine costing $214,200 with a four-year life and an estimated $17,000 salvage value is installed in Luther Company's

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Problem 10-2A Depreciation methods LO P1 A machine costing $214,200 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 493,000 units of product during its life. It actually produces the following units: 122,800 in Year 1, 123,300 in Year 2, 121,600 in Year 3, 135,300 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.) Complete this question by entering your answers in the tabs below. Units of Production DDB Straight Line 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 > Stratehiti Problem 10-2A Depreciation methods LO P1 A machine costing $214,200 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 493,000 units of product during its life. It actually produces the following units: 122,800 in Year 1, 123,300 in Year 2, 121,600 in Year 3, 135,300 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.) Complete this question by entering your answers in the tabs below. Units of Production DDB Straight Line Compute depreciation for each year and total depreciation of all years combined) for the machine under the Units of production. Units of Production Depreciable Depreciation Units per unit Depreciation Expense Year Units 1 2 3 4 Total 122 800 123,300 121,600 135,300 DDB

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