A machine costing $209,400 with a four-year life and an estimated $15,000 salvage value is installed...

A machine costing $209,400 with a four-year life and an estimated $15,000 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: 122,800 in 1st year, 123,200 in 2nd year, 121,500 in 3rd year, 128,500 in 4th year. The total number of units produced by the end of year 4 exceeds the original estimate—this difference was not predicted. Identify the straight-line, units-of-production and double-declining-balance.

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ekkarill92 answered 1 year ago

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