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[The following information applies to the questions displayed below.] Ramirez Company installs a...

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Accounting

[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 $6,000 salvage value. During its second year, the machine produces 33,900 units of product.
Exercise 8-6(Algo) Double-declining-balance depreciation LO P1
Determine the machine's second-year depreciation using the double-declining-balance method.
\table[[Double-declining-balance Depreciation,,,,,],[,Choose Factors:,,Choose Factor(%),=,\table[[Annual Depreciation],[Expense]]],[,Beginning book value,,Double the straight-line rate,=,Depreciation expense],[First year's depreciation,$,45,900,,,],[Second year's depreciation,,,,,]]
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