Question: Problem 10-2A Depreciation methods LO P1 A machine costing $209,800 with a four-year life and an estimated $15,000 salvage value is installed in Luther Company's

 Problem 10-2A Depreciation methods LO P1 A machine costing $209,800 with

Problem 10-2A Depreciation methods LO P1 A machine costing $209,800 with a four-year life and an estimated $15,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 487,000 units of product during its life. It actually produces the following units: 121,600 in 1st year, 124,100 in 2nd year, 121,000 in 3rd year, 130,300 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.) 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.) Answer is complete but not entirely correct. 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 each Units of production. Year 1 Units of Production Depreciable Depreciation Depreciation Units per unit Expense 121,600 $ 0.40$ 48,640 124,100 $ 0.40 49,640 121,000 $ 0.40 48,400 10,000 $ 0.40 4.000 x 376,700 150,680 2 3 4 Total

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