Required information Use the following information for the Exercises below. [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 $44,200. The machine's useful life is estimated at 10 years, or 392,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 33,200 units of product. Exercise 8-5 Units-of-production depreciation LO P1 Determine the machine's second-year depreciation using the units-of-production method. Units-of production Depreciation Choose Numerator: Choose Denominator: Annual Depreciation Expense Depreciation expense per unit Cost minus salvage Estimated Useful life (years) Year Annual Production (units) Depreciation Expense Required information Use the following information for the Exercises below. 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 $44,200. The machine's useful life is estimated at 10 years, or 392,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 33,200 units of product Exercise 8-6 Double-declining-balance depreciation LO P1 Determine the machine's second-year depreciation using the double-declining-balance method Double-declining-balance Depreciation Annual Depreciation Expense Choose Factors Choose Factor(%) Depreciation expense First year's depreciation Second year's depreciation