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i need help with this question Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost
i need help with this question
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $44,200. The machine's useful life is estimated at 10 years, or 392,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 33,200 units of product. 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. Straight Line Depreciation Choose Numerator: Choose Denominator: Annual Depreciation Expense + Depreciation expense 0 Year 2 Depreciation Year end book value (Year 2) Determine the machine's second-year depreciation using the units-of-production method. Units of production Depreciation Choose Denominator: Choose Nurnerator: Annual Depreciation Expense Depreciation expense per unit 0 Depreciation Expense Year Annual Production (units) 2 Exercise 8-6 Double-declining-balance depreciation LO P1 Determine the machine's second-year depreciation using the double-declining-balance method. Double declining balance Depreciation Choose Factors: Choose Factor(%) Annual Depreciation Expense Depreciation expense First year's depreciation Second year's depreciation X Step by Step Solution
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