A machine costing $212,600 with a four-year life and an estimated $19,000 salvage value is...
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Accounting
A machine costing $212,600 with a four-year life and an estimated $19,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 484,000 units of product during its life. It actually produces the following units: 121.500 in Year 1, 122,700 in Year 2, 121,300 in Year 3, 128,500 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimatethis 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.) ces Complete this question by entering your answers in the tabs below. Units of Production Straight Line DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Straight-line depreciation Straight line Depreciation Year Depreciation Expense 1 2 3 4 Total $ Straight Line Units of Production DDB Compute depreciation for each year (and total depreciation of all years combined) for production. Units of Production Depreciable Depreciation Units Year Units Depreciation Expense per unit 1 2 121,500 122,700 121,300 128,500 3 4 Total $ 0 Straight Line Units of Production DDB Compute depreciation for each year (and total depreciation of all years combined) declining-balance. End of Period Year DDB Depreciation for the Period Beginning of Period Book Depreciation Depreciation Rate Value Expense % Accumulated Depreciation Book Value 1 $ 0 2 0 % % 3 0 4 % 0 Total $ 0



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