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Required information 3. OF 3\ The following information applies to the questions displayed below. ] Ramirez Company installs a computerized...
need To know the double declining balance method as in what numbers go where
Required information3. OF 3\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$80. 600 . The machine's useful life is estimated at 10 years , or 388, 000 units of product , with a $3, 000 salvage valueDuring its second year , the machine produces 32, 800 units of product .OpenDetermine the machine's second -year depreciation using the double-declining-balance methodDouble - declining -balance DepreciationOokChoose Factors :"XChoose Factor ( % )=Annual DepreciationExpense=\Depreciation expenseintFirst year's depreciationSecond year's depreciation