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Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $ 80,600. The machines useful
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $ 80,600. The machines useful life is estimated at 10 years, or 388,00 units of product, with a $ 3000 salvage value. During its second year, the machine produces 32, 800 units of product
Determine the machines second-year depreciation using the units-of production method
Also, Determine the machines second- year depreciation using the double- declining- balance method
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