A machine costing $450,000 with a four-year life and an estimated $30,000 salvage value is installed by lux company on january 1. The factory estimates the machine will produce 1,050,000 units of product during its life. It actually produces the following units for the first 2 years: year 1, 260,000; year 2, 275,000. What is the depreciation amount for year 2 under the straight line method?.

The unitary technique involves first determining the value of a single unit, followed by the value of the necessary number of units. What can be values and units.
Let's say you go to the store to buy six apples. You are informed by the shopkeeper that he is offering 10 apples for Rs 100. In this instance, the value and the units are the price of the apples.
Recognizing the units and values is crucial when using the unitary technique to a problem.
Always write the items that need to be computed on the right side and the things that are known on the left side to simplify things. We are aware of the quantity of apples and the amount of money in the aforesaid problem.

acc to our question-

Depreciation expense using the double declining method = Depreciation factor x cost of the asset
Depreciation factor = 2 x (1/useful life)
Depreciation expense in year 1 = 2/4 x $450,000 = $225,000
Book value at the beginning of year 2 = $450,000 - $225,000 = $225,000
Depreciation expense in year 2 = 2/4 x $225,000 = $112,500

hence,Depreciation expense in year 2 = $112,500.

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