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please clarify what to put for double the straight line rate cells using the given cells Ramirez Company installs a computerized manufacturing machine in its
please clarify what to put for double the straight line rate cells using the given cells
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $43,500. The machine's useful life is estimated at 10 years, or 385,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 32,500 units of product. hache........................... EUL Cost $43,500 Total Units 385,000 Salvage Units Year 2 $5,000 32,500 10 Required: Determine the machine's second-year depreciation using the double-declining balance method. (Use cells A2 to 5 from the given information to complete this question.) Double-declining-balance Depreciation Annual Depreciation Expense Choose Factors: Choose Factor(%) = Year = Depreciation expense Beginning book value x Double the straight-line rate $43,500 x X =Step by Step Solution
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