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42. A machine cost P 2750000 and has a residual value at 7% of its cost, it is expected to have a useful life of 18 years, it's estimated used is 5000 hours in its entire life. After using it for 1250 hours, find the accumulated depreciation. a. 735566 b. 720435 639375 d. 720320 e. None of the above c.

42. A machine cost P 2750000 and has a residual value at 7% of its cost, it is expected to have a useful life of 18 years, it's estimated used is 5000 hours in its entire life. After using it for 1250 hours, find the accumulated depreciation. a. 735566 b. 720435 639375 d. 720320 e. None of the above c.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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42. A machine cost P 2750000 and has a residual value at 7% of its cost, it is expected to have a useful life of 18 years, it's estimated used is 5000 hours in its entire life. After using it for 1250 hours, find the accumulated depreciation. a. 735566 b. 720435 c. 639375 d. 720320 e. None of the above 43. An asphalt and aggregate mixing plant having a capacity of 50 cu.m every hour costs P2500000. It is estimated to process 800,000 m³ during it's life. During a certain year, it produced 60,0000 m.. Using the service ouput method, if its scrap value is P100000, determine the total depreciation during the year. a. 180000 b. 170000 c. 160000 d. 200000 e. None of the above 44. In problem no. 43, what is the depreciation cost chargeable to each batch of 50 m' a. 120 b. 160 C. 150 d200
Transcribed Image Text:42. A machine cost P 2750000 and has a residual value at 7% of its cost, it is expected to have a useful life of 18 years, it's estimated used is 5000 hours in its entire life. After using it for 1250 hours, find the accumulated depreciation. a. 735566 b. 720435 c. 639375 d. 720320 e. None of the above 43. An asphalt and aggregate mixing plant having a capacity of 50 cu.m every hour costs P2500000. It is estimated to process 800,000 m³ during it's life. During a certain year, it produced 60,0000 m.. Using the service ouput method, if its scrap value is P100000, determine the total depreciation during the year. a. 180000 b. 170000 c. 160000 d. 200000 e. None of the above 44. In problem no. 43, what is the depreciation cost chargeable to each batch of 50 m' a. 120 b. 160 C. 150 d200
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