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Determine machine second-year depreciation for ramirez co

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Reference no: EM132969787

Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $43,500. The machine's useful life is estimated at 10 years, or 385,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 32,500 units of product.

Required:

Problem 1: Determine the machine's second-year depreciation under the:

1.a straight-line
1.b units-of-production

Reference no: EM132969787

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