A contractor imported a bulldozer paying P350k to the manufacturer, freight & insurance charges amounted to P18k, permits & other exp P25k. If the contractor estimates the life of the bulldozer to be 15 years with salvage value of P30k, determine the depreciation at the end of 11 years and its Total Depreciation using Sinking fund at 10% and SYD Method.

Q: 0 per day to rent and operate. The contractor estimates that he would keep the earthmover for 20…

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Q: machine has a life of 30 years, costs $244300, and has a salvage value of $10880 using straight-line…

A: Given the cost price of a machine and its salvage value after the period of 30 years.  To find :…

Q: Using straight-line depreciation, what is the depreciation charge in the fifth year for an asset…

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Q: Calculate the hourly owning and operating cost for a 200-hp crawler-type hydraulic excavator bought…

A: Given, P=$150000 S.V.= $25000 n=5 years i= 8% Repair cost =60% of P=$90000  Price of fuel=$ 4/gal…

Q: An electronic balance costs ₱90,000 and has an estimated salvage value of ₱8,000 at the end of its…

A: Cost of the electronic balance (C) = P90,000Estimated salvage value (S) = P8,000Lifetime (n) = 10…