Question: Problem 8-2A Depreciation methods LO P1 A machine costing $210.200 with a four-year life and an estimated $15000 salvage value is installed in Luther Company's
Problem 8-2A Depreciation methods LO P1 A machine costing $210.200 with a four-year life and an estimated $15000 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 its life. It actually produces the following units: 121,500 in 1st year, 122.700 in 2nd year, 121,400 in 3rd year, 132,400 in 4th year. The total number of units produced by d 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 combinedl) for the machine under each dep 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 belovw Straight Line Production DDB ute depreciation for each year (and total depreciation of all years combined) for the machine under each Straight-line depreciation Straight-Line Depreciation Depreciation Expense Total
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