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Problem 8-2A Depreciation methods LO P1 A machine costing $209,400 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 481,000 units of product during its life. It actually produces the following units: 121,800 In Year 1, 123,500 in Year 2, 120,700 in Year 3, 125,000 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.) Complete this question by entering your answers in the tabs below. Straight Line Units of Production DDD 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 48.100 2 48.100 2 48.100 4. 48,100 Tota S 192.400 Units of Production > Problem 8-2A Depreciation methods LO P1 A machine costing $209,400 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 481,000 units of product during its life. It actually produces the following units: 121,800 in Year 1,123,500 in Year 2, 120,700 in Year 3, 125,000 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 Units 1 2 121.800 123.500 120,700 125.000 Units of Production Depreciable Depreciation Depreciation Units per unit Expense 121.000 $ 0.44 5 53.502 123.500 5 54.340 120.700 5 0.44 53.100 125,000 $ 0.44 55.000 5 401.000 216,040 4 Total Problem 8-2A Depreciation methods LO P1 A machine costing $209,400 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 481,000 units of product during its life. It actually produces the following units: 121,800 in Year 1,123,500 In Year 2, 120,700 In Year 3, 125,000 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 unlt 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 Double- declining balance End of Period Year DDB Depreciation for the Period Beginning of Depreciation Depreciation Period Book Rate Expense Value 56 Accumulated Depreciation Book Value $ 0 1 2 3 4 Total 96 0 0 0

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