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 399,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 33,900 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. Choose Numerator Cost minus salvage Units of production Depreciation Choose Denominator - Total units of production - 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 $45,900. The machine's useful life is estimated at 10 years, or 399,000 units of product, with a $6,000 salvage value. During its second year, the machine produces 33,900 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 Factors: Choose Factor%) Beginning book value x Double the straight-line rate Annual Depreciation Expense Depreciation expense = First year's depreciation Second year's depreciation