A machine costing $215,200 with a four-year life and an estimated $18,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 493,000 units of product during its life. It actually produces the following units: 123,300 in Year 1, 122,500 in Year 2, 120.000 in Year 3,137.200 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 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 Year Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production. Year 1 Year 2 Year 3 Year 4 Total Drits of Production Units Show Transcribed Text Straight Line 123.300 122.500 120.000 137.200 Year Year 1 Year 2 Year 3 Year 4 Total DDB Units of Production Depreciable Units Units of Production 123.300 122.500 120.000 365.000 Beginning of Perlod Book Value machine costing $215,200 with a four-year life and an estimated $18.000 salvage value is installed in Luther Company's factory on anuary 1. The factory manager estimates the machine will produce 493,000 units of product during its life. It actually produces the ollowing units: 123,300 in Year 1, 122,500 in Year 2, 120,000 in Year 3, 137,200 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 depreciated below its estimated salvage value. De Depreciation per unit 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. Units of Production C Depreciation Depreciation Depreciation Accumulated Rate Expense Depreciation End of Period Book Value S 0 O

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A machine costing $215,200 with a four-year life and an estimated $18,000 salvage value is installed in Luther Company's factory on
January 1. The factory manager estimates the machine will produce 493,000 units of product during its life. It actually produces the
following units: 123,300 in Year 1, 122,500 in Year 2, 120,000 in Year 3, 137.200 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 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
Year
Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of
production.
Year 1
Year 2
Year 3
Year 4
Total
Danits of
Production
Units
Show Transcribed Text
Straight Line
Year
123,300
122,500
120.000
137.200
Year 1
Year 2
Year 3
Year 4
Total
DDB
Units of Production
Depreciable
Units
Units of
Production
123.300
122.500
120.000
365.800
A machine costing $215,200 with a four-year life and an estimated $18.000 salvage value is installed in Luther Company's factory on
January 1. The factory manager estimates the machine will produce 493,000 units of product during its life. It actually produces the
following units: 123,300 in Year 1, 122,500 in Year 2, 120,000 in Year 3, 137,200 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 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.
Beginning of
Perlod Book
Value
Complete this question by entering your answers in the tabs below.
Depreciation
per unit
обе
Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double-
declining-balance.
<Straight Line
DDB Depreciation for the Period
Depreciation
Rate
%
%
%
%
Depreciation
Expense
DDB >
Depreciation
Depreciation
Expense
Units of Production
Accumulated
Depreciation
End of Period
Book Value
S
0
0
0
Transcribed Image Text:A machine costing $215,200 with a four-year life and an estimated $18,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 493,000 units of product during its life. It actually produces the following units: 123,300 in Year 1, 122,500 in Year 2, 120,000 in Year 3, 137.200 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 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 Year Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Units of production. Year 1 Year 2 Year 3 Year 4 Total Danits of Production Units Show Transcribed Text Straight Line Year 123,300 122,500 120.000 137.200 Year 1 Year 2 Year 3 Year 4 Total DDB Units of Production Depreciable Units Units of Production 123.300 122.500 120.000 365.800 A machine costing $215,200 with a four-year life and an estimated $18.000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 493,000 units of product during its life. It actually produces the following units: 123,300 in Year 1, 122,500 in Year 2, 120,000 in Year 3, 137,200 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 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. Beginning of Perlod Book Value Complete this question by entering your answers in the tabs below. Depreciation per unit обе Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double- declining-balance. <Straight Line DDB Depreciation for the Period Depreciation Rate % % % % Depreciation Expense DDB > Depreciation Depreciation Expense Units of Production Accumulated Depreciation End of Period Book Value S 0 0 0
A machine costing $215,200 with a four-year life and an estimated $18,000 salvage value is installed in Luther Company's factory on
January 1. The factory manager estimates the machine will produce 493,000 units of product during its life. It actually produces the
following units: 123,300 in Year 1, 122.500 in Year 2, 120,000 in Year 3, 137,200 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 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.
Units of
Production
Straight Line.
W
Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Straight-line
depreciation.
Straight Line Depreciation
Year
Depreciation
Expense
Year 1
Year 2
Year 3
Year 4
Total
S
S
49.300
49.300
49,300
49.300
197 200
DDB
Units of Production >
Transcribed Image Text:A machine costing $215,200 with a four-year life and an estimated $18,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 493,000 units of product during its life. It actually produces the following units: 123,300 in Year 1, 122.500 in Year 2, 120,000 in Year 3, 137,200 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 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. Units of Production Straight Line. W Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Straight-line depreciation. Straight Line Depreciation Year Depreciation Expense Year 1 Year 2 Year 3 Year 4 Total S S 49.300 49.300 49,300 49.300 197 200 DDB Units of Production >
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