Business, 16.04.2020 16:49 danielle413

A machine costing $208,800 with a four-year life and an estimated $18,000 salvage value is installed in Luther Companyâs factory on January 1. The factory manager estimates the machine will produce 477,000 units of product during its life. It actually produces the following units: 122,700 in 1st year, 123,400 in 2nd year, 120,800 in 3rd year, 120,100 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimateâthis difference was not predicted. (The machine must not be depreciated below its estimated salvage value.)

1) Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Straight-line depreciation.
2)Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Units of production.
3)Compute depreciation for each year (and total depreciation of all years combined) for the machine under each Double-declining-balance.

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A machine costing $208,800 with a four-year life and an estimated $18,000 salvage value is installed...