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Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the...

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Accounting

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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 saivage value. During its second year, the machine produces 32,500 units of product. Determine second year depreciation and ending Book Value Using the straight line, Units of Production, and Double Declining Balance methods. For the units of Production method, assume that the machine produced 40,000 units in year 1

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