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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

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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 $45,700. The machine's useful life is estimated at 10 years, or 397,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 33,700 units of product Exercise 10-5 Units-of-production depreciation LO P1 Determine the machine's second-year depreciation using the units-of-production method. 1 Choose Numerator: Cost minus salvage Units-of-production Depreciation Choose Denominator: Annual Depreciation Expense Depreciation expense per unit 0 Year Annual Production (units) 2 Depreciation Expense

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