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Determine the machine second-year depreciation

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Reference no: EM132849207

Problem - Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $85,400. The machine's useful life is estimated at 20 years, or 402,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 34,200 units of product.

Required - Determine the machine's second-year depreciation using the units-of-production method.

Reference no: EM132849207

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