Question: answer all question Required information Use the following information for the Exercises below. The following information applies to the questions displayed below) Ramirez Company Installs
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 $45,900. The machine's useful life is estimated at 10 years, or 389,000 units of product, with a $7.000 salvage value. During its second year, the machine produces 32,900 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 Choose Factor(%) Choose Factors: Annual Depreciation Expense Depreciation expense First year's depreciation Second year's depreciation
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