Question: A machine costing $257,500 for a 4 year life and estimated salvage value of $20,000 is installed in Company A's factory on Jan 1. The


A machine costing $257,500 for a 4 year life and estimated salvage value of $20,000 is installed in Company A's factory on Jan 1. The manager estimates the machine will produce 475,000 units during its life. It actually produces the following units: Year 1 = 220,000 Year 2: 124,600 Year 3 121,800 Year 4 15,200 The machine is diposed of in it's 5th year of operation Cost of machine Less estimated salvage value Total depreciable cost Double Declining Year Straight-Line Units of ProductionBalance Put answers 2 calculations in this table 4 Totals $237,500 $237,500 $237,500 Calculate Straight line Assignment(l Assignment 2 Calculate Straight line Calculate Units of Production Cost per unit Unit cost Units Depreciation Year Take only enough depr Yr 4 to reduce book value to the $20,000 salvage value $237,500 Total Calculate Double Declining Balance Depreciation rate Annual Ending Book Beginning Book Accumulated Assignment 1 Assignment2 Type here to search Total $237,500 Calculate Double Declining Balance Depreciation rate Beginning Book Value Annual DepreciationDepreciation EOYValue Accumulated Ending Book Year 237,500 20,000 Total $237,500 Add footer Assignment I Assignment 2C e here to search 0
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