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Required information [The following information applies to the questions displayed below.] Ramirez Company installs a computerized manufacturing machine in its factory at the beginning

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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 $49,100. The machine's useful life is estimated at 10 years, or 401,000 units of product, with a $9,000 salvage value. During its second year, the machine produces 34,100 units of product. Determine the machine's second-year depreciation using the units-of-production method. Choose Numerator: Cost minus salvage $ 40,100 / Year Annual Production (units) 2 Units-of-production Depreciation Choose Denominator: Estimated Useful life (years) Annual Depreciation Expense = Depreciation expense per unit 10 = $ 4,010.00 Depreciation Expense 4,010 $ 4,010

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