Exercise 8-5 Units-of-production depreciation LO P1 Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $55,000. The machine's useful life is estimated at 10 years, or 450,000 units of product, with a $5,500 salvage value. During its second year, the machine produces 44,000 units of product. Determine the machine's second-year depreciation using the units-of-production method Units-of-production Depreciation Choose Numerator: Choose Denominator: Annual Depreciation Expense Depreciation expense per unit 0 Year Annual Production (units) 2 Depreciation Expense