Question: Chapter 10 (P) i 2 100 points eBook Print References A machine costing $215,400 with a four-year life and an estimated $19,000 salvage value is

Chapter 10 (P) i 2 100 points eBook Print References A machine costing $215,400 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 491,000 units of product during its life. It actually produces the following units: 123,300 in Year 1, 123,000 in Year 2, 120,700 in Year 3, 134,000 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. Note: 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. 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 Double declining balance Units of Production Depreciable Units 123,300 123,000 120,700 134,000 Depreciation per unit Saved Help
 Chapter 10 (P) i 2 100 points eBook Print References A

A machine costing $215,400 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 491,000 units of product during its life. It actually produces the following units: 123,300 in Year 1, 123,000 in Year 2, 120,700 in Year 3, 134,000 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. Note: 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. Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production

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