A machine costing $213,800 with a four-year life and an estimated $17,000 salvage value is...

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A machine costing $213,800 with a four-year life and an estimated $17,000 salvage value is installed in Luther Company's factory on A machine costing $213,800 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 492,000 units of product during its life. It actually produces the
following units: 122,100 in Year 1,122,800 in Year 2,120,200 in Year 3,136,900 in Year 4. The total number of units produced by the
end of Year 4 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.
Note: 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. A machine costing $213,800 with a four-year life and an estimated $17,000 salvage value is inste llec in Luther Company's factory on
January 1. The factory manager estimates the machine will produce 492,000 units of product during its life. It actually produces the
following units: 122,100 in Year 1,122,800 in Year 2,120,200 in Year 3,136,900 in Year 4. The total number of units produced by the
end of Year 4 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.
Note: 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.
Straight Line
Units of
Double
Production
declining
balance
Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double-
declining-balance.
January 1. The factory manager estimates the machine will produce 492,000 units of product during its life. It actually produces the
following units: 122,100 in Year 1,122,800 in Year 2,120,200 in Year 3,136,900 in Year 4. The total number of units produced by the
end of Year 4 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.
Nore: 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.
Straight Line
Units of
Double
Production
declining
balance
Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Straight-line
depreciation.
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