Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $ 85,400. The machines useful life is estimated at 20 years, or 402,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 34,200 units of product .

1. Determine the machine's second-year depreciation and year end book value under the straight -line method

2. Determine the machine's second-year depreciation using the units-of-production method

Required information The following information applies to the questions displayed below.] Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $85,400. The machine's useful life is estimated at 20 years, or 402.000 units of product, with a $5,000 salvage value. During its second year, the machine produces 34,200 units of product Determine the machine's second-year depreciation and year end book value under the straight-line method Straight Une Depreciation Choose Numero Annual Depreciation Expense Required information The following information applies to the questions displayed below.) Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $85,400. The machine's useful life is estimated at 20 years, or 402.000 units of product, with a $5,000 salvage value. During its second year, the machine produces 34,200 units of product. Determine the machine's second-year depreciation using the units-of-production method. Choose Numerator: Units-of-production Depreciation Choose Denominator: - Annual Depreciation Expense Depreciation expense per unit Year Annual Production (units) Depreciation Expense