Question: A machine costing $ 2 5 7 , 5 0 0 with a four - year life and an estimated $ 2 0 , 0
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 and 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 depreclated below its estimated salvage value.
Requlred:
Compute depreclation for each year and total depreclation of all years combined for the machine under each depreciation method. Note: Round your per unit depreclation to decimal places.
Complete this question by entering your answers in the tabs below.
Straight Line
Units of
Double Production declining balance
Compute depreciation for each year and total depreciation of all years combined for the machine under the Straightline depreciation.
tableStraightLine DepreciationYeartableDepreciationExpenseYear Year Year Year TotalS
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