Question: Chapter 10 Part 4 7 A machine costing $214.200 with a four-year life and an estimated $19,000 salvage value is installed in Luther Company's factory
Chapter 10 Part 4 7 A machine costing $214.200 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 488,000 units of product during ns lide. It actualy produces the following units 122100 in 1st year, 122,800 in 2nd year, 119,800 in 3rd year, 133,300 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimate-this difference was not predicted. (The machine must not be depreciated below its estimated salvage value) 10 points Required Compute depreciation for each year (and total depreciation of all yeans combined) for the machine under each depreciation method (Round your per unit deprciation to 2 decimal places. Round your answers to the nearest whole doller.) Complete this question by entering your answers in the tabs below Straigly Line Units of 00B Production Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Straight-line depreciation. reciation Year 48.800 48,800 48 .800 48,800 195 200 Total Units of Production > Prex 7of7ll: Nest
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