Problem $10-2$A $($Algo$)$ Depreciation methods LO P$1$ Problem $10-2$A $($Algo$)$ Depreciation methods LO P$1$

A machine costing $$210,400$ with a four$-$year life and an estimated $$16,000$ salvage value is installed in Luther Company's factory on

January $1.$ The factory manager estimates the machine will produce $486,000$ units of product during its life. It actually produces the

following units: $122,600$ in Year $1,124,200$ in Year $2,121,600$ in Year $3,127,600$ 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

Double

declining

Production

balance

Compute depreciation for each year $($and total depreciation of all years combined$)$ for the machine under the Straight$-$line

depreciation. Problem $10-2$A $($Algo$)$ Depreciation methods LO P$1$

A machine costing $$210,400$ with a four$-$year life and an estimated $$16,000$ salvage value is installed in Luther Company's factory on

January $1.$ The factory manager estimates the machine will produce $486,000$ units of product during its life. It actually produces the

following units: $122,600$ in Year $1,124,200$ in Year $2,121,600$ in Year $3,127,600$ 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

Double

Production

declining

balance

Compute depreciation for each year $($and total depreciation of all years combined$)$ for the machine under the Units of

production. Problem $10-2$A $($Algo$)$ Depreciation methods LO P$1$

A machine costing $$210,400$ with a four$-$year life and an estimated $$16,000$ salvage value is installed in Luther Company's factory on

January $1.$ The factory manager estimates the machine will produce $486,000$ units of product during its life. It actually produces the

following units: $122,600$ in Year $1,124,200$ in Year $2,121,600$ in Year $3,127,600$ 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

Double declining balance

Production

balance

Compute depreciation for each year $($and total depreciation of all years combined$)$ for the machine under the Double$-$

declining$-$balance.

A machine costing $$210,400$ with a four$-$year life and an estimated $$16,000$ salvage value is installed in Luther Company's factory on

January $1.$ The factory manager estimates the machine will produce $486,000$ units of product during its life. It actually produces the

following units: $122,600$ in Year $1,124,200$ in Year $2,121,600$ in Year $3,127,600$ 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

Double

declining

Production

balance

Compute depreciation for each year $($and total depreciation of all years combined$)$ for the machine under the Straight$-$line

depreciation.