equired information

Use the following information for the Exercises below.

[The following information applies to the questions displayed below.]

Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $83,600. The machine's useful life is estimated at 20 years, or 398,000 units of product, with a $4,000 salvage value. During its second year, the machine produces 33,800 units of product.

equired information

Use the following information for the Exercises below.

[The following information applies to the questions displayed below.

Exercise 8-4 Straight-line depreciation LO P1

Determine the machine's second-year depreciation and year end book value under the straight-line method.