A machine costing $209,600 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 484,000 units of product during its life. It actually produces the following units: 122,400 in 1st year, 122,400 in 2nd year, 121,000 in 3rd year, 128,200 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 its estimated salvage value.)
Required:
Compute depreciation for each year (and total depreciation of all years combined) for the machine under each depreciation method. (Round your per unit depreciation to 2 decimal places. Round your answers to the nearest whole dollar.)
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Compute depreciation for each year (and total depreciation of all years combined) for the machine under Units of production.
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A machine costing $209,600 with a four-year life and an estimated $16,000 salvage value is installed in Luther Company’s...
A machine costing $209,600 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 484,000 units of product during its life. It actually produces the following units: 122,400 in 1st year, 122,400 in 2nd year, 121,000 in 3rd year, 128,200 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 $209,600 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 484,000 units of product during its life. It actually produces the following units: 122,400 in 1st year, 122,400 in 2nd year, 121,000 in 3rd year, 128,200 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 $213,200 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 493,000 units of product during its life. It actually produces the following units: 122,000 In Year 1, 124,300 In Year 2, 121,100 In Year 3, 135,600 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 $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 $215,600 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 494,000 units of product during its life. It actually produces the following units: 122,200 in 1st year, 122,700 in 2nd year, 121,100 in 3rd year, 138,000 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....
A machine costing $213,000 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 490,000 units of product during its life. It actually produces the following units: 123,200 in 1st year, 123,800 in 2nd year, 120,400 in 3rd year, 132,600 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimate—this difference was not predicted....
A machine costing $207,200 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 willl produce 478,000 units of product during its life. It actually produces the following units: 122,100 in Year 1, 124,000 in Year 2, 119,800 in Year 3, 122,100 in Year 4. The total number of units produced by the end of Year 4 exceeds the original estimate-this difference was not predicted....
A machine costing $214,600 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 494,000 units of product during its life. It actually produces the following units: 123,000 in 1st year, 122,600 in 2nd year, 121,000 in 3rd year, 137,400 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimate-this difference was not predicted....