Question: would like answers to be same format as photos estimates the machine will produce 480,000 units of product during its life. It actually produces the


estimates the machine will produce 480,000 units of product during its life. It actually produces the following units: 121,400 in 1st year, 122,700 in 2nd year, 120,200 in 3rd year, 125,700 in 4th year. The total number of units pr the end of year 4 exceeds the original e was not predicted. (The machine must not be d estimated salvage value) DDB costing $207000 with a four-year life and an estimated $15,000 salvage value is installed in Luther Company's factory on estimates the machine will produce 480,000 units of product during its life. It actually produces the January 1. The factory manager following units: 121400 in 1st year, 122.700 in 2nd year, 120,200 in 3rd year, 125.700 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 estimated salvage value) Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. Round your per unit deprecietion to 2 decimal places. Round your answers to the nearest whole dollar.) Complete this question by entering your answers in the tabs below Units of ProductionDDB Straight Line for each year (and total depreciation of all years combined) for the machine under each Double- declining-balance. Beginning of Period Book Year Depreciation Book Value Rate Expense Depred
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
