Required information The following information applies to the questions displaye

Question

Required information The following information applies to the questions displayed below Ramirez Company installs a computerized $84.200. The machine' During its second year, the machine produces 33,100 units of product manufacturing machine in its factory at the beginning of the year at a cost of s useful life is estimated at 20 years, or 391.000 units of product, with a $6,000 salvage value. Determine the machine's second year depreciation using the units-of-production method Units-of-production Depreciation l Choose Denominator Annual Depreciation Expense | Depreciation expense per unit Choose Numerator = 0 Year Annual Production (units) Depreciation Expense

Explanation / Answer

The completed table is provided as below:

Answer is $6,620.

Units of Production Depreciation Choose Numerator: / Choose Denominator: = Annual Depreciation Expense Cost minus Salvage / Total Units of Production = Depreciation Expense Per Unit 78,200 / 391,000 = 0.20 Year Annual Production (Units) Depreciation Expense 2 33,100 6,620 (33,100*.20)

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