A machine costing $208,000 with a four-year life and an estimated $16,000 salvage value is...
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A machine costing $208,000 with a four-year life and an estimated $16,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 480,000 units of product during its life. It actually produces the following units: 122,600 in Year 1, 124,300 in Year 2, 121,000 in Year 3, 122,100 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. Straight Line Units of Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Straight-line depreciation Year Straight-Line Depreciation Depreciation Expense 1 $ 48,000 2 48,000 3 48,000 4 48,000 Total S 192.000 Unit of Production > A machine costing $208,000 with a four-year life and an estimated $16,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 480,000 units of product during its life. It actually produces the following units: 122,600 in Year 1, 124,300 in Year 2, 121,000 in Year 3, 122,100 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. Straight line Units of Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production Year 1 Units 122.000 124,300 121,000 122,100 2 Units of Production Depreciable Depreciation Units per unit 122,600 $ 0.40 124 300 s 0.40 121,000 $ 0.40 122,100 s 0.40 $ 490,000 Depreciation Expenso $ 49,040 49.720 45,400 3 4 Total $ 147,160 Straight Line OD > A machine costing $208,000 with a four-year life and an estimated $16,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 480,000 units of product during its life. It actually produces the following units: 122,600 In Year 1. 124,300 in Year 2, 121,000 in Year 3, 122,100 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 Straight line Production DOR Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double- declining-balance DDB Depreciation for the Period End of Period Beginning of Year Period Book Depreciation Depreciation Accumulated Value Rate Expense Book Value Depreciation % $ 2 % 0 1 0 3 4 0 0 Total $



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