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Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $ 8 0 , 6
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $ The machine's useful life is estimated at years, or units of product, with a $ salvage value. During its second year, the machine produces units of product.
tableCompute depreciation expense for year:,Cost$Estimated useful life, yearsSalvage value,$Estimated total units of production, unitsUnits produced in second year, unitsRequired:
Determine the machine's secondyear depreciation under the unitsofproduction method.
Depreciation per unit
Depreciation in year two
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