Required information Use the following information for the Exercises below. (Algo) 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 $45,300. The machine's useful life is estimated at 10 years, or 403.000 units of product, with a $5,000 salvage value During its second year, the machine produces 34,300 units of product $ Exercise 8-4 (Algo) Straight-line depreciation LO P1 Determine the machine's second year depreciation and year end book value under the straight-line method Straight Line Depreciation Choose Numerator Choose Denominator: Annual Depreciation Expense Depreciation expense Year 2 Depreciation Year end book value (Year 2) Exercise 8-4 (Algo) Straight-line depreciation LO P1 Determine the machine's second-year depreciation and year end book value under the straight-line method. Straight-Line Depreciation Choose Numerator: Choose Denominator: Annual Depreciation Expense Depreciation expense 11 Beginning book value Cost Cost minus salvage Exercise 8-4 (Algo) Straight-line depreciation LO P1 Determine the machine's second-year depreciation and year end book value under the straight-line method. Straight Line Depreciation Choose Numerator: Choose Denominator: Annual Depreciation Expense Depreciation expense Year 2 Depreciation Year end book value (Year 2) Double the SL rate Estimated units of production Estimated useful life (years) Required information Use the following information for the Exercises below. (Algo) [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 $45,300. The machine's useful life is estimated at 10 years or 403.000 units of product, with a $5.000 salvage value. During its second year, the machine produces 34,300 units of product Exercise 8-5 (Algo) Units-of-production depreciation LO P1 determine the machine's second-year depreciation using the units-of-production method. A Choose Numerator: otot Ruoduction Depreciation Choose Denominator: Arinual Depreciation Expense Depreciation expense per unit Year Annual Production (units) Depreciation Expense Year 2 Exercise 8-5 (Algo) Units-of-production depreciation LO P1 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 7 Depreciation Expense Year Year 2 Double the SL rate Estimated Useful life (years) Total units of production Use the following information for the Exercises below. (Algo) [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 $45,300. The machine's useful life is estimated at 10 years, or 403,000 units of product, with a $5,000 salvage value During its second year, the machine produces 34 300 units of product Exercise 8-6 (Algo) Double-declining-balance depreciation LO P1 Determine the machine's second-year depreciation using the double declining balance method Double declining balance Depreciation Choose Factors: Choose factor(%) Annual Depreciation Expense Depreciation expense First year's depreciation Second year's depreciation
