The equipment has a purchased price of P530 000 and expected to have 13% ann depreciation rate. Compute the accumulated depreciation after 4 years. O P205942.89 O P239421.76 O #217189.31 B22636 27.
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ENGINEERING ECONOMY
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- 1. An equipment costs P100,000 with a salvage value of P5,000 at the end of 10 years. Calculate the annual depreciation cost by: a) SLDM b) SFDM at 4% interestA depreciable asset has a cost of P120,000, estimated useful life of 8 years, and an estimated residual value of P20,000.1. What is the depreciation rate if you are using the straight line method?2. What is the depreciation rate if you are using 150% declining balance method?3. What is the depreciation rate if you are using double declining balance method?Note: For nos. 1 to 3, the rate must be rounded off to two decimal places. Ex: 10.00%, 12.30%, 15.55%4. What is the depreciation rate if you are using the declining balance method?Note: For no. 4, the rate must be rounded off to 6 decimal places. Ex: 10.123456%5. Using SYD method, what is the depreciation expense for the 1st year?6. Using SYD method, what is the carrying amount at the end of the 6th year?7. Using double declining balance method, what is the carrying amount at the end of the 3rd year? Subparts 4-5 onlyA depreciable asset has a cost of P120,000, estimated useful life of 8 years, and an estimated residual value of P20,000.1. What is the depreciation rate if you are using the straight line method?2. What is the depreciation rate if you are using 150% declining balance method?3. What is the depreciation rate if you are using double declining balance method?Note: For nos. 1 to 3, the rate must be rounded off to two decimal places. Ex: 10.00%, 12.30%, 15.55%4. What is the depreciation rate if you are using the declining balance method?Note: For no. 4, the rate must be rounded off to 6 decimal places. Ex: 10.123456%5. Using SYD method, what is the depreciation expense for the 1st year?6. Using SYD method, what is the carrying amount at the end of the 6th year?7. Using double declining balance method, what is the carrying amount at the end of the 3rd year?
- 3. If the first cost of the item is P3000, its useful life is 6 years and a salvage value of P500. What the is annual rate (%) of depreciation and construct a depreciation table. Refer to the sample table below. Year Depreciation Book valueA bulldozer has an initial cost of Php 2,000,000. Its salvage value after 12 years is Php 175,000. As a percentage of the initial cost, what is the straight- line depreciation rate of the equipment? O 7.6041% O 6.6041% O 8.6041% O 5.6041%2. Equipment bought for P 87,000.00 is expected to last for 24 years. If the scrap value after 20 years is P 60,000.00. How much is the depreciation for year 12? 3. Determine the rate of depreciation, the total depreciation up to the end of the 6th year and the book value at the end of 6 years for an asset that costP 16,000.00 new and has an estimated scrap value of P 2,000.00 at the end of 10 years by the double declining balance method. 4. A firm bought an equipment for P 58,000.00. Other expenses including installation amounted to P 2,000.00. The equipment is expected to have a life of 8 years with a salvage of 10% of the original cost. Determine the book value at the end of 13 years by sinking fund method at 6% interest. 5. An asset is purchased for P 3,000.00. Its estimated life is 5 years after which is will be sold for P 20,000.00. Find the depreciation for the first year using SYD. 6. A television company purchased machinery for P 100,000.00 on July 1, 2010. It is estimated…
- 7. An equipment costs Php45,500, has an estimated life of 10 years, and has a scrap value of Php7,750. Use the straight-line method of depreciation to find a). annual rate of depreciation b). annual amount of depreciation c). book value at the end of the first yearA machine has an initial cost of P50,010.596 and a salvage value of P13,779.901 after 7 years. What is the book value after 3 using straight line depreciation.an organisation has machinery worth rs 400000 the RDV rate of depreciation is 12% calculate the amount of depreciation after 5 years optons are 48000 16000 19200 4000
- 7) Consider the following information: Asset Cost $56,000Salvage value 1,000Life 10 yearsDepreciation method Straight Line a. What is the depreciation in year 3? b. What would the depreciation in year 4 be if at the beginning of the year we think that the total asset life will be only 8 years instead of 10 years?An equipment costing P1.8M has a salvage value of P300,000 after 5 years. Calculate the depreciation value (book value) at the end of 3 years using the straight-line method. A. P860,000 B. P750,000 C. P900,000 D. P700,000A certain machine has a first cost of 30,000; annual costs of 6,000; a salvage value of 4,000 and a life of 10 years. Assume an interest rate of 8% What is the depreciation allowance in years 1-10 for this asset using straight line depreciation?