Question
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $109,800. The machines useful life
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $109,800. The machines useful life is estimated at 10 years, or 320,000 units of product, with a $15,600 salvage value. During its second year, the machine produces 30,700 units of product.
Determine the machines second-year depreciation and year end book value under the straight-line method. This is what i have for the first year. 94200/10=9420 Below is the remainder of the problem that I am having trouble answering. 1. Year 2 depreciation 2. Year End book value(2)
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