A network switch costing Php 300,000 has an estimated life of 6 years with a book value of Php 75,000 at the end of the period. Compute the depreciation per year using straight line method. O Php 35,500.00 O Php 36,500.00 O Php 38,500.00 O Php 37,500.00
Q: A broadcasting corporation purchased an equipment for P160,000 and paid P12,000 for freight and…
A:
Q: Daily Enterprises is purchasing a $9.8 million machine. It will cost $55,000 to transport and…
A: The term depreciation refers to an accounting method used to allocate the cost of a tangible or…
Q: A broadcasting corporation was formed duly approved by the Securities and Exchange Commission has a…
A: The redemption period is defined as the period during which the value of the initial investment is…
Q: An engineer bought equipment for P500,000. HE spent an additional amount of P30,000 for installation…
A: According to question, it is given that Price of equipment = 500,000 Additional amount = 30,000…
Q: 2 (10 points) Tiffany bought a piece of equivalent for $40,000. The equipment has a useful life of 5…
A: Given : Initial Book Value = $40000 Useful Life = 5 years Salvage value=$5500
Q: 3. A factory is constructed at a first cost of P8,000,000 and with an estimated salvage value of…
A: The sinking fund method is a depreciation method for financing the replacement of an asset after its…
Q: An embroidery machine has an initial cost of P200,000. Its salvage value after 10 years is P20,000.…
A: Initial cost of P200,000 Salvage Value = 20,000 Time period = 10 years
Q: A special-purpose milling machine was purchased four years ago for $20,000. It was estimatedat that…
A: a. Straight line depreciation is $2,000. Net proceeds from sale (NP) can be calculated as follows:…
Q: Consider a five-year MACRS asset, which can be purchased at $80.000. Thesalvage value of this asset…
A: The total accumulated depreciation for three years MACRS can be calculated as follows:
Q: Compute the salvage value of an equipment if its original cost is P 2 550 000. The economic life of…
A: The predicted book value of an asset after depreciation is known as the salvage value. This value is…
Q: An organization completes the purchase of new asset at a cost of $25,000. It has an yearly operating…
A: To find the annual savings which would provided rate of return of 10% , we will find the present…
Q: An equipment cost P 700 has a life of 8 years and a salvage value of X after 8 years. The book…
A: Depreciation is the amount loss of fixed assets over period of time . There are various method to…
Q: Given the Given, solution and cash flow diagram. Factory equipment has an initial cost of P200,000.…
A: The formula for straight-line depreciation is: straight-line depreciation amount per year =initial…
Q: 6) A company is considering the purchase of a new automated assembly machine to increase its…
A: The initial cost of the machine = $480,000. Expected to increase the company's annual revenue by =…
Q: 5. A truck for hauling coal has an estimated net cost of $55,000 and is expected to give service for…
A: Investment = $55,000, Salvage Value = $5,000, total service units = 250,000 miles, and usage for…
Q: 7-10. A crane rental company has acquired a new heavy-duty crane for $300,000. The company…
A: Introduction Depreciation Depreciation in the most simple form is the reduction in the value of the…
Q: achine worth 800,000 is brought from china, freight charges amount to 200,000. If the scrap value of…
A: Given machine cost = 800000 Freight charges = 200000 Total cost of machine = 800000 + 200000 =…
Q: Show manual solutions and depreciation schedule/table. An equipment costing P250,000 has an…
A: The declining balance method is a sped-up deterioration process for recording bigger devaluation…
Q: How many years is the economic life of a machine if its original cost is P1 400 000, salvage value…
A: Straight line method of depreciation is the method by which we calculate the depreciation on a asset…
Q: Consider the depreciation calculation that is governed by d (t) = p*P*(1-p) to the power t-1 B(t) =…
A: Answer - Given in the question - Depreciation is given by - d(t) = p*P(1-p)^(t-1) using the value p…
Q: A small print shop is investing in new printing equipment that will cost $30,000. They estimate that…
A: Given that :- New printing equipment cost $30,000 Additional revenues for every of the next 6 years…
Q: A machine was purchased at an original cost of P400,000 with a salvage value of P20,000. Life of…
A: Here we calculate the value of depreciation at the end of the second year by using the given…
Q: In year 0 you purchase an asset for $500,000 and in year 1 you receive a positive cash flow of…
A:
Q: The Alpha Drug Company has just purchased a capsulating machine for ₱ 2,000,000. The plant engineer…
A: GIVEN The Alpha Drug Company has just purchased a capsulating machine for ₱2,000,000. The plant…
Q: A small print shop is investing in new printing equipment that will cost $30,000. They estimate that…
A: Answer; Given that :- A small print shop is investing in new printing equipment that…
Q: Consider the following investment: Initial cost = $150,000. Annual revenue = $50,000, Annual…
A: Given, Initial Cost : $150,000Annual Revenue : $50,000Annual Expenses : $15,000Total cashflow :…
Q: ZYK company makes its policy that for every new equipment purchased, the annual depreciation should…
A: Dear learner as you have posted multiple questions as per our policy we have solved only first…
Q: An asset for drilling was purchased and placed in service by a petroleum production company. Its…
A: Straight line (SL) method is charging same amount of depreciation each year. 200 % Declining balance…
Q: A factory bought new machinery at a price of $120,000. It cost them an additional $7,000 in shipping…
A: Depreciation and tax bases cost=Price of asset+Shipping and delivery charges+Installation charges
Q: A firm must decide between two designs. Their effective income tax rate is 15%, and MACRS…
A: The annual worth or AW method refers to the value for an alternative, comprising of two prime…
Q: Company purchases a new punch press at a cost of $265,000. Delivery and installation cost $46,000.…
A: (1) Cost basis = Purchase cost + Delevery and Installation cost…
Q: A procurement engineer bought a large transformer core for Php 250,000. Other expenses including…
A: Total Cost of Transformer = PHP 250,000 + PHP 30,000 = PHP 280000 Salvage value after 15 years = 25%…
Q: The initial investment in the equipment needed for the project is $50,000 for a duration of 10…
A:
Q: Sinking Fund Method Given: FC = 2,000,000.00 pesos SV = 300,000.00 pesos i = 12.00% n = 9 years a.…
A:
Q: An asset is purchased for P120,000. Its estimated economic life is 10 years, after which it will be…
A: The sum-of-the-years'digits (SYD) approach accelerates the calculation of an asset's depreciation.…
Q: Two fixtures are being considered for a particular job in a manufactunng firm The pertinent data for…
A: Annual worth or AW is referred to as the easy way of understanding the annual amount, for instance,…
Q: A small print shop is investing in new printing equipment that will cost $42,000. They estimate that…
A: Given information Initial investment=42000 Annual revenue=14000 Salvage value=3000 Tax rate=27%…
Q: The original cost for a certain piece of equipment is P150, 000 and it depreciated by 10% sinking…
A: Given: Price of equipment=P 150,000 Depreciation by sinking fund=10% The measure which depicts…
Q: A machine having a certain first cost has a life of 10 years and a salvage value of 6.6% of the…
A:
Q: An engineer bought an equipment for P 500,000. Other expenses including installations amounted to P…
A: Given Cost of equipment =P500,000 Installation cost =P30,000 Salvage value at the end of 10 years =…
Q: 7. An asset has an initial cost of $80,000, a salvage value of $10,000, and a depreciation life of 8…
A: The term depreciation refers to an accounting method used to allocate the cost of a tangible or…
Q: An asset that is book-depreciated over a 5-year period by the straight line method has ??3 = $62,000…
A: Given: BV3=$62000 Depreciation=$26000 Period=5 years To find: First Cost Assumed salvage value
Q: Give the calculations regarding the sinking fund method of depreciation with an interest rate of 12%…
A: Given information First cost=100000 Salvage value=20,000 n=8 i=12%
Q: A small pump costs $24,000 and has a life of 8 years and a $1,400 SV at that time. If the 150% DB…
A: Pump cost =24000 $ time = 8 years Salvage value = 1400 $ DB method = 150 %
Q: ZYK company makes its policy that for every new equipment purchased, the annual depreciation should…
A: The answer is given below
Q: The asset described below is to be depreciated using sum-of-years-digits depreciation. Determine the…
A: Machines and equipment might lose some of their value over time due to wear and tear. Depreciation…
Q: A factory equipment bought for $300,000 is being depreciated using the 150% declining balance method…
A: equipment cost = 300000 life of asset = 6 years salvage value = 45000 $ With 150 % declining balance…
Q: Compute the salvage value of an equipment if its original cost is P 2 550 000. T economic life of…
A: Given the original cost = 2550000 Economic life = 15 years Annual depreciation = 83000
Learn your way
Includes step-by-step video
Step by step
Solved in 2 steps
- A reactor of special design un the major item of equipment in a small chemical plant The initial cost of a Completely installed reactor is $ 60000 to the salvage value of the end of the useful life is estimated to be $ 10000. The total annual expenses for the plant are $100000. Excluding depreciation costs for the reactor. How many years of useful life should de estimated for the reactor if 12% of the total annual expenses for the Plant are due to the cost for reactor depreciation?The first cost of a pipe forming machine is Php 1,000,000.00. It can produce 10,000 pipes during its entire life. Its salvage value is Php 50,000.00. Other costs are the ff. Machine housing cost = Php 25,000/year Electric consumption Php 9/pipe Maintenance = Php 7/pipe Labor Cost = Php 35/pipe Annual production is 2500 pes of pipe. Use sinking fund method of depreciation at i=12% Fixed cost per piece of pipe? b. Variable cost per piece of pipe? a. c. Total production cost per piece of pipe?Y=500TL,c=l% 80 and C=30 TL what is the comsumption.expendedure? %3D
- A machine has an initial cost of P50,000 and a salvage value of P10,000 after 10 years. What is the straight-line method depreciation rate as a percentage of the initial cost? With Cash flow diagramQuestion 39 An electronios balance costs P89,000 and has an estimaled salvage value of Po 000 al the end of its 8 years ifetime. What would be the depreciation after three years, using the sum of the years digit in solving for the depreciation? Express your answer in whole number K< Question 39 of 56A furniture company buys a forest to obtain wood for manufacturing furniture. The related costs to theforest are:Cost of buying the forest = $730,000,000Wood expected to be extracted = 400,000 tonCost of restoration of the forest = $120,000,000Residual/salvage value = $233,000,000Trees cut in year 1 = 107,000 tonsTrees cut in year 2 = 89,000 tonsCompute the depletion rate and depletion charge for the first 2 years.
- A machine costs Php 300,000 with a salvage value of Php 50,000 at the end of its life of 10 years. If money is worth 6% annually, use Sinking Fund Method and determine the depreciation at the 6th year. 2.You are evaluating two different silicon wafer milling machines. The Techron | costs $264,000, has a 3-year life, and has pretax operating costs of $71,000 per year. The Techron Il costs $460,000, has a 5-year life, and has pretax operating costs of $44,000 per year. For both milling machines, use straight-line depreciation to zero over the project's life and assume a salvage value of $48,000. If your tax rate is 22 percent and your discount rate is 12 percent, compute the EAC for both machines. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) > Answer is complete but not entirely correct. Techron I $ -134,840.83 Techron II $ -107,570.1811. A factory equipment has an initial cost of P200,000.00. Its salvage value after ten years is P20,000.00.As a percentage of the initial cost, what is the straight-line depreciation rate of the equipment? with cash flow
- A motor cycle has an initial cost of P 50,000.00 and a salvage value of P 10,000.00 after 10 years. What is the straight line method depreciation rate as a percentage of the initial cost?A factory equipment has an initial cost of P200,000,00. It salvage value after 10 years is P20,000,00. As a percentage of the initial cost, what is the straight line depreciation rate of the equipment?Your business buys a delivery van for $28,000. You figure the van will be useful for 5 years and have a value of $5,000 at the end of the 5-year period. What is the (a) basis, (b) useful life, (c) salvage value, (d) depreciable basis, (e) accumulated depreciation at the end of year 2 if you take $4,600 depreciation each year, and (f) the book value at the end of year 2?