A machine costing $ 2 1 2 , 4 0 0 with a four - year life
Fantastic news! We've Found the answer you've been seeking!
Question:
A machine costing $ with a fouryear life and an estimated $ salvage value is installed in Luther Company\'s factory on January The factory manager estimates the machine will produce units of product during its life. It actually produces the following units: in Year in Year in Year in Year The total number of units produced by the end of Year exceeds the original estimatethis 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 decimal places. Round your answers to the nearest whole dollar.
Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
Posted Date: