A company is going to buy a new machine for manufacturing its product. Four different machines are available. A B D First cost Php 24,000 Php 30,000 Php 49,600 Php 52,000 Power per year Php 1,300 Php 1,360 Php 2,400 Php 2,020 Labor per year Php 11,600 Php 9,320 Php 4,200 Php 2,000 Maintenance per year Php 2,800 Php 1,900 Php 1,300 Php 700 Taxes and insurance 3% 3% 3% 3% Life, years 5 5 5 Money is worth 17% before taxes to the company. Using annual cost method, what is the total annual cost of machine B? (Answer is in Php.) Note: Input numerical values only, do not type the units, space or comma.

A company is going to buy a new machine for manufacturing its product. Four different machines are available. A B D First cost Php 24,000 Php 30,000 Php 49,600 Php 52,000 Power per year Php 1,300 Php 1,360 Php 2,400 Php 2,020 Labor per year Php 11,600 Php 9,320 Php 4,200 Php 2,000 Maintenance per year Php 2,800 Php 1,900 Php 1,300 Php 700 Taxes and insurance 3% 3% 3% 3% Life, years 5 5 5 Money is worth 17% before taxes to the company. Using annual cost method, what is the total annual cost of machine B? (Answer is in Php.) Note: Input numerical values only, do not type the units, space or comma.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 7EA: Flanders Manufacturing is considering purchasing a new machine that will reduce variable costs per...

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Question

answer the image below

A company is going to buy a new machine for manufacturing its product. Four different machines are available.
A
в
D
First cost
Php 24,000
Php 30,000
Php 49,600
Php 52,000
Power per year
Php 1,300
Php 1,360
Php 2,400
Php 2,020
Labor per year
Php 11,600
Php 9,320
Php 4,200
Php 2,000
Maintenance per year
Php 2,800
Php 1,900
Php 1,300
Php 700
Taxes and insurance
3%
3%
3%
3%
Life, years
5
5
5
Money is worth 17% before taxes to the company.
Using annual cost method, what is the total annual cost of machine B?
(Answer is in Php.)
Note: Input numerical values only, do not type the units, space or comma.

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