Question: Can you help me complete the two blanks in the units of production section please. everything else is correct Return to question 10 Problem 8-2A
Can you help me complete the two blanks in the units of production section please. everything else is correct




Return to question 10 Problem 8-2A (Algo) Depreciation methods LO P1 10 points A machine costing $215,000 with a four-year life and an estimated $19,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 490,000 units of product during its life. It actually produces the following units: 122,300 in Year 1, 122,600 in Year 2, 119,800 in Year 3, 135,300 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimatethis difference was not predicted. Note: The machine cannot be depreciated below its estimated salvage value. 02:47:55 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.) X Answer is not complete. 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 Straight-line depreciation. Straight-Line Depreciation Year Depreciation Expense Year 1 $ 49,000 Year 2 49,000 Year 3 49,000 Year 4 49,000 Total $ 196,000 X Answer is not complete. 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. Units of Production Depreciable Depreciation Units Year Units Depreciation Expense per unit Year 122,300 122,300 $ 0.40 $ 48,920 1 Year 122,600 122,600 $ 2. 0.40 49,040 Year 119,800 119,800 $ 0.40 47,920 3 Year 135,300 0.40 4 Total $ 364,700 145,880 X Answer is not complete. 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 Accumulated Depreciation Book Value Year 1 DDB Depreciation for the Period Beginning of Period Depreciation Depreciation Book Rate Expense Value $ 215,000 50 % $ 107,500 107,500 50 % 53,750 53,750 50 % 26,875 26,875 50 % 7,875 $ 196,000 $ Year 2 107,500 161,250 188,125 196,000 $ 107,500 53,750 26,875 19,000 Year 3 Year 4 Total
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