http://ezto 0 | M hapter 10 Homework . M hapter 10 Homework Question 2 (of 16) v

ID: 2475835 • Letter: H

Question

http://ezto 0 | M hapter 10 Homework . M hapter 10 Homework Question 2 (of 16) value 06 points Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $48,000. The machine's useful life is estimated at 5 years, or 400,000 units of product, with a $8,000 salvage value. During its second year, the machine produces 37,000 units of product Determine the machine's second-year depreciation using the double-declining-balance method using the double -dedlining balance Double declining b Annual Depr Choose Factors: Choose Factor(%) Beginning book value x Double the straight-line rate Depreciation expense First years depreciation S Second years depreciation 48,000 x HintsReferences eBook & Resources

Explanation / Answer

Choose Factors:

Choose factor

(%)

Annual depreciation expense

Beginning book value

Double the straight line rate

Depreciation expense

First years depreciation

48,000

40%

19,200

Second years depreciation

28,800

40%

11,520