A Machine Costing 213 600 With A Four Year Life And An Estimated 18 000 Salvage Value Is Installed In Luther Company S 1 (32.71 KiB) Viewed 10 times
A Machine Costing 213 600 With A Four Year Life And An Estimated 18 000 Salvage Value Is Installed In Luther Company S 2 (21.75 KiB) Viewed 10 times
A Machine Costing 213 600 With A Four Year Life And An Estimated 18 000 Salvage Value Is Installed In Luther Company S 3 (23.01 KiB) Viewed 10 times
A machine costing $213,600 with a four-year life and an estimated $18,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 489,000 units of product during its life. It actually produces the following units: 122,900 in Year 1, 122,600 in Year 2, 120,800 in Year 3, 132,700 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. (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 Straight Line Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production. DOB Units of Production 7 www www Next >
Straight Line: Units of Production Year Year 1 Year 2 Year 3 Year 4 Total Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production. Units DDB Units of Production Depreciable Units 122,900 122,600 120,800 132,700 Depreciation per unit $ $ $ $ 0.40 0.40 0.40 0.40 Depreciation Expense $ 0
Straight Line Year Units of Production Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double- declining-balance. Year 1 Year 2 Year 3 Year 4 Total DDB DDB Depreciation for the Period Beginning of Period Book Value Depreciation Rate % % % % Depreciation Expense $ End of Period Accumulated Depreciation Book Value $ 0 0 0 0
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