Feng Company installs a computerized manufacturing machine in its
factory at the beginning of the year at a cost of $42,300. The machine’s
useful life is estimated at 10 years, or 363,000 units of product, with
a $6,000 salvage value. During its second year, the machine produces
35,000 units of product.
Required:
1. Determine the machine’s second-year depreciation using the units-of-production method.
Click here: 2. Feng Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $42,300