Question: Problem 10-2A Depreciation methods P1 A machine costing $257 500 with a four-year life and an estimated $20,000 salvage value is installed in Luther Company's
Problem 10-2A Depreciation methods P1 A machine costing $257 500 with a four-year life and an estimated $20,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 475.000 units of product during its life. It actually produces the following units: 220,000 in Year I, 124.600 in Year 2, 121.800 in Year 3 and 15,200 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 depreci ated below its estimated salvage value Required Prepare a table with the following column Headings and compute depreciation for each year and total depreciation of all years combined for the machine under cach depreciation method Double Declining Ba production depreciation 54300 DDB depreciation $12.187 CASA num mesum amount of 52.600.000 for land, Building I, Building 2. and
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