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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
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 8-4 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 Annual Depreciation Choose Numerator: Choose Denominator Expense Depreciation expense EO Cost minus salvage Estimated useful lide (years) 39,2004 Year 2 Depreciation Year end book value (Year 2) 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 Denominator: Choose Numerator: Annual Depreciation Expense Depreciation expense per unit 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. wwwwwwwwwwwwwwww Double declining balance Depreciation Choose Factors: Choose Factor%) - Annual Depreciation Expense Depreciation expense First year's depreciation Second year's depreciation
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