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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

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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 $43,500. The machine's useful life is estimated at 10 years, or 385,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 32,500 units of product. Determine the machine's second-year depreciation using the units-of-production method. Choose Numerator: Cost minus salvage S 38,500 Annual Production (units) 3,850 Answer is complete but not entirely correct. Units-of-production Depreciation Choose Denominator: Annual Depreciation Expense Estimated useful life 1 Depreciation expense per (years) unit 10 X = $ 3,850.00 Depreciation Expense $ 35,800 x Year 2

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