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Accounting

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Required information Use the following information for the Exercises below. (Algo) [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 $84.600. The machine's useful life is estimated at 20 years, or 393,000 units of product, with a $6,000 salvage value During its second year, the machine produces 33,300 units of product. Exercise 8-5 (Algo) Units-of-production depreciation LO P1 Determine the machine's second-year depreciation using the unlts-ot-production method, Choose Numerator: Beginning book yolu Units of production Depreciation Choose Denominator: Annual Depreciation Expense Depreciation expense per unit 0 Year Annual Production (units) 2 Depreciation Expense Required Information Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below) On April 1. Cyclone Co. purchases a trencher for $316,000. The machine is expected to last five years and have a salvage value of $58,000 Exercise 8-11 (Algo) Straight-line, partial-year depreciation LO C2 Compute depreciation expense at December 31 for both the first year and second year assuming the company uses the straight-line method Choose Numcrator: Choose Denominator Annual Depreciation Annual depreciation Year Annual Depreciation X Function of Year Depreciation Expanse First year Second year Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below) On April , Cyclone Co. purchases a trencher for $316,000. The machine is expected to last five years and have a salvage value of $58.000. Exercise 8-12 (Algo) Double-declining balance, partial-year depreciation LO C2 Compute depreciation expense at December 31 for both the first year and second year assuming the company uses the double- declining balance method. (Enter all amounts as positive values.) Depreciation for the Period End of Period Beginning of Annual Period Period Book Depreciation Partial Depreciation Accumulated Rate Year Book Value Depreciation Value Expense Year 1 Year 2

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