Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method.
Compute depreciation for each year (and total depreciation of all years combined) for the machine under...
Problem 8-2A Depreciation methods LO P1 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: 121,800 in 1st year, 123,200 in 2nd year, 120,600 in 3rd year, 137,400 in 4th year. The total number of units produced by the end of year 4 exceeds the...
A machine costing $207,800 with a four-year life and an estimated $17,000 salvage value is installed in Luther Company’s 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: 123,400 in Year 1, 124,400 in Year 2, 120,500 in Year 3, 118,700 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimate—this difference was not predicted....
A machine costing $213,200 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 488,000 units of product during its life. It actually produces the following units: 122,100 in 1st year, 122,800 in 2nd year, 120,200 in 3rd year, 132,900 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimate—this difference was not predicted....
Having trouble to get gge last problem Compute depreciation for each year (and total depreciation of all years combined) for the machine under each dep (Round your per unit depreciation to 2 decimal places.) Complete this question by entering your answers in the tabs below. Straight Line Units of Production DDB Compute depreciation for each year (and total depreciation of all years combined) for the machine under the Double- declining-balance. End of Period Accumulated Book Value Depreciation Year $ $...
Problem 10-2A Depreciation methods LO P1 A machine costing $211,200 with a four-year life and an estimated $16,000 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: 122,200 in 1st year, 122,700 in 2nd year, 121,200 in 3rd year, 131,900 in 4th year. The total number of units produced by the end of year 4 exceeds the...
Problem 10-2A Depreciation methods LO P1 A machine costing $209,800 with a four-year life and an estimated $19,000 salvage value is installed in Luther Company's 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: 121,800 in 1st year, 122,700 in 2nd year, 119,800 in 3rd year, 122,700 in 4th year. The total number of units produced by the end of year 4 exceeds the...
A machine costing $212,600 with a four-year life and an estimated $19,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 484,000 units of product during its life. It actually produces the following units: 123,100 in Year 1, 123,500 in Year 2, 121,000 in Year 3, 126,400 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimate—this difference was not predicted....
A machine costing $210.400 with a four-year life and an estimated $16,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 486,000 units of product during its life. It actually produces the following units: 121,700 in Year 1, 122,600 in Year 2, 120,600 in Year 3, 131,100 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimate-this difference was not predicted.(The...
A machine costing $216,600 with a four-year life and an estimated $19,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 494,000 units of product during its life. It actually produces the following units: 121,700 in 1st year, 123,000 in 2nd year, 121,500 in 3rd year, 137,800 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimate-this difference was not predicted....
A machine costing $216,600 with a four-year life and an estimated $19,000 salvage value is installed in Luther Company's factory on January 1. The factory manager estimates the machine will produce 494,000 units of product during its life. It actually produces the following units: 122.400 in 1st year, 122,500 in 2nd year, 120,500 in 3rd year, 138,600 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimate--this difference was not predicted....