Spot Sales Price, $/ton Sales, Year tons 1 34,300 9.68 2 50,100 10.50 3 71,900 11.23

Q: 000 at the end of its life o

A: I have used other method staright line method

Q: The ABC Corporation placed an asset inservice three years ago. The company uses theMACRS method…

A: Table 1 shows the recovery rate under the general depreciation system for seven years.

Q: An in-place machine with B = $120,000 was depreciated by MACRS over a 3-year period. The machine was…

A: The recovery rate for year 1 (RR1) is 0.3333 and year 2 (RR2) is 0.4445.

Q: A relatively small privately-owned coal-mining company has the sales results summarized below.…

A: The company’s taxable income is $140,000 each year.

Q: company has purchased a large new trucktractor for over-the-road use (asset class 00:26). It has a…

A: The monetary worth of an asset reduces over time due to use, wear and tear or obsolescence. This…

Q: An industrial plant bought a generator set for P120, 000. Other expenses including installation…

A: Depreciation means diminishing the value of assets over period of time . There are various methods .…

Q: An industrial plant bought a generator set for P120, 000. Other expenses including installation…

A: The sum of years' digits technique is a type of accelerated depreciation expense that is based on…

Q: SHOW SOLUTION AND COMPUTATION An equipment cost P67,000 and has a life of 10 years and salvage…

A: Declining balance method is the method of depreciation in which depreciation is charged on the…

Q: The first costs of an equipment is P 65,000 and a salvage value of P 3,000 at the end of its 6 –…

A: Let us calculate the annual depreciation or depreciation per year under the Straight Line Method:…

Q: An equipment costs P15,000 with a salvage value of P800 at the end of 12 years. Calculate the annual…

A: Given: The cost of equipment is = P15,000 The salvage value is = P800 Total years = 12 The rate of…

Q: Bg Trucking Company has purchased a $100,000 dump truck that has a uselul ife of 8 years. After the…

A: Here we calculate the accounting and economic depreciation of the truck by using the given…

Q: Problem 16.028: Calculate BV for different years using the MACRS method An automated assembly robot…

A: * SOLUTION :-  Given , The initial cost = $ 368000. * The Book value after 3 year is = 368000 × (1 -…

Q: A currently-owned asset has B = $150,000, S = $95,000, and a 10-year depreciable life. The book…

A: Given information: Depreciation value for 4 years can be written as follows:

Q: A new electric saw for cutting small pieces of lumber in a furniture manufacturing plant has a cost…

A: In the question above, it is given : Original Cost = $4000 Depreciate Life = 10 years Salvage Value…

Q: Major medical complexes and their service providers continue to move toward advanced health…

A: The ordinary depreciation strategy is doubled by the double falling balance depreciation method,…

Q: A wood products company has decided to purchase new logging equipment for $100,000 with a trade-in…

A: Here we calculate the depreciable  life and choose the correct option by using the given information…

Q: Problem 2: The initial cost of a paint sand mill, including its installation is P 800,000. The…

A: Salvage value is indeed the asset's anticipated book value after depreciation, based on what a firm…

Q: A trucking company computes depreciation on its vehicles by a mileage basis.Suppose a delivery truck…

A: The regular distribution of the devalued value of an object throughout its usable period is…

Q: 8. Some seed cleaning equipment was purchased in 2009 for $8,700 and is depreciated by the double…

A: The double declining balance method of accelerated depreciation is a type of accelerate depreciation…

Q: What is the after-tax present worth of a chip placer if it costs $75,000 and saves $23,000 per year?…

A: Let's solve it step by step:- The tax rate is 54% thus, calculating it by considering it at every…

Q: For its fabricated metal products, the able Corp. is buying $10 000 worth of special tools that have…

A: Hey champ, Welcome to this platform. Here you will get the answer with better quality in minimum…

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 depreciation at the end of second year by using the given information , so the…

Q: d. M/s. Sanders and Sons purchased a machine on 1 Apr 2015 for $400,000 from ABČ & Co. and paid…

A: Depreciation refers to the fall in the value of assets when they are in use. The loss of assets when…

Q: 9.16 You purchased a molding machine at a cost of $88,000. It has an estimated useful life of 12…

A: Straight line basis is a method of calculating depreciation and amortization, the process of…

Q: The Parkview Hospital is considering the purchase of a new autoclave. This equipment will cost…

A: As autoclave is a medical equipment, one should consider it as an office equipment.

Q: radio service panel truck initially costs P100T.  Its resale value at the end of the fifth year is…

A: Declining Balance Method is also called the Constant-Percentage Method or the Matheson formula.

Q: A new drilling mud pump was purchased and placed in service by a petroleum drilling company. Its…

A: Given; Initial cost= $250000 Salvage value= $15000 Life= 15 years

Q: An automated assembly robot that cost $362,000 has a depreciable life of 5 years with a $90,000…

A: The cost of an automated assembly robot= $362000 Depreciable life of the robot =5 years Salvage…

Q: medical complexes and their service providers continue to move toward advanced health informatics -…

A: Given, Cost = 270000 Salvage value = 10000 Useful life = 6 Depreciation calculated as Double…

Q: Labor costs, materials, all direct and indirect costs, and facilities and productive equipment with…

A: Depreciation is the value of used asset. It is simple giving some cost to a good over its useful…

Q: XYZ Manufacturing is considering the purchase of a new punch press. This press will cost $63,112.…

A: $38,637.16640

Q: 1. Mr. A purchased a new service van. The van is depreciated over a 10-year period with a salvage…

A: In Excel, we calculate DDB depreciation  by using formula:  =DDB (cost, salvage, life, period,…

Q: The initial investment in the equipment needed for the project is $50,000 for a duration of 10…

A:

Q: In MACRS method, the n (recovery period) and d (depreciation rate) are: Select one: O a. based on…

A: In economic analysis, MACRS stands for modified accelerated cost recovery system, which is used as…

Q: An oil refinery has decided to purchase some new drilling equipment for $440,000. The equipment will…

A: Equipment cost = 440000 Time = 7 years Salvage value = 18000

Q: Six years ago, a company purchased $30,000 of equipment. The equipment has just been sold for $5000.…

A: Present Worth is defined as the current value of the future cashflows  It can be calculated as:…

Q: A machine. purchased for $50,000, has a depreciable life of five years. It willhave an expected…

A: Depreciation: - depreciation is a process of a systematic allocation of the cost of an asset over…

Q: An asset for drilling was purchased and placed in service by a petroleum production company. Its…

A: Answer is in 2nd step:

Q: A relatively small privately-owned gravel-mining company has the sales results summarize below.…

A:

Q: A machine worth P10,000 depreciates in value each year by 15% of its value at the beginning of that…

A: Given Information: Principal Value (P): P10,000 rate of depreciation (r): 15% each year. Time…

Q: A factory has decided to purchase some new equipment for P600, 000. The equipment will be kept for…

A: The straight-line method is a technique for working out depreciation and amortization. Otherwise…

Q: 9.16 You purchased a molding machine at a cost of $88,000. It has an estimated useful life of 12…

A: The measure that depicts the allocation of the cost of a tangible asset over its useful life is…

Q: An asset purchased for $50,000 is to be depreciated over 5 years using the straight line method.…

A: Given: The amount for an asset purchased is = $50,000 The depreciated life is = 5 years The salvage…

Q: An asset for drilling was purchased and placed in service by a petroleum production company. Its…

A: d. Double declining Balance Method Depreciation for 3rd year is 62973.76 Book value at the end of…

Q: A relatively small privately owned coal-mining company has the sales results summarized below.…

A: Depletion is the numerical representation of the decline in natural resources.

Q: An asset is purchased for P120,000.00. Its estimated economic life is 10 years, after which it will…

A:

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: In tax year 1, an electronics-packaging firm hada gross income of $35,000,000, $6,000,000 in…

A: Gross income is the income earned by a business enterprise after deducting all direct expenses such…

Q: Cebu Pacific purchased a new aircraft engine diagnostics equipment for its maintenance support…

A: Depreciation refers to two aspects of the one concept: first, is the actual decrease in fair value…