A machine costing P 480,000 has a life expectancy of 12 years with a salvage value of 10% of the first cost. What is the book value after five years using declining balance method? O a. P 183,892 O b. P 152,758 O c. P 214,785 O d. P 196,432

A machine costing P 480,000 has a life expectancy of 12 years with a salvage value of 10% of the first cost. What is the book value after five years using declining balance method? O a. P 183,892 O b. P 152,758 O c. P 214,785 O d. P 196,432

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Q: 6.34 A tunnel cost $280M. Every 10 years, it is repaved at a cost of $12M. Halfway between the…

A: Given data - Tunnel cost = $280M Cost of repavement in every 10 years = $12M For 20 years rewired…

Q: A construction equipment costing 630,000 has a life of 10 years using the sum of years digit method,…

Q: Double Declining Balance Method

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: SUBJECT: ENGINEERING ECONOMY TOPIC: DEPRECIATION SHOW THE COMPLETE AND DETAILED SOLUTION OF THIS…

A: Depreciation represents how much of an asset's value has been used. Depreciating assets helps to…

Q: A new excavator costs $20,000 when purchased and has an annual maintenance cost of $1000. The…

A: Step 1: The cash flow diagram based on the data provided in the question is as follows: On an…

Q: A new engine was installed by a textile plant at cost of P and projected to have a useful life of 10…

A: The initial cost of the plant is denoted by P. The useful life of the plant is denoted by n = 10…

Q: what method is used in the calculation of

A: This question is from Estimation, costing and evaluation

Q: A structure cost P12,000 new. It is estimated to have a life of 5 years with salvage value at the of…

Q: A telephone company purchased a microwave radio equipment for P6,000,000.00. Freight and…

Q: an engineer bought a piece of equipment for 500000. he spent amount of 20000 for installation and…

Q: The purchase cost of an excavating machine is $200,750. After a useful life of 6 years, it is…

A: Given, Present value P=200750 $ N=6 years Salvage value F= 45000 $ Interest i=12.7 %

Q: 3. The cost of the equipment is P550,000 and the cost of handling and installation is P28,000. If…

Q: Contructor buy a bulldozer for his job, paying P30,000 to the manufacturer. Freight and ensurance…

A: The sum of years digits method is a form of accelerated depreciation that is based on the assumption…

Q: find its book valu

A: Given initial cost of Equipment = P524,000 Freight and installation cost= P31,000 Total inital cost…

Q: 27. A certain machine has book value of P173,205.08 after 5 years and P82,187.59 after 8 years. The…

Q: A machine costs P1,800,000. It has a salvage value of P300,000 at the end of 5 years. If money is…

A: Given data, Machine cost (C) = P1,800, 000 Salvage value = P300,000 Period = 5 years Intrest rate…

Q: A machine is bought at P420,000 with an economic life of 6 years and a salvage value of P50,000. The…

Q: P600000 was spent on the project that yields annual benefit of P300, 000 for a period of 5 yrs.…

Q: n electronics balance costs P98,000 and has an estimated salvage value of P6,000 at the end of its…

Q: A company that manufactures pulse Doppler insertion flow meters uses the Straight Line method for…

A: Given: First cost = $120000 Salvage value = $16500 Life = 3year Required : Depreciation charge and…

Q: 13. A 5- year MACRS has a cost basis for depreciation of $10,000. Salvage (market) value is $2,000.…

A: Given Data:Basis Cost = $10000.Salvage Value = $2000.Useful Life= 5years

Q: 49. Tony bought equipment which cost P320000. Freight and installation expenses cost him P15,000 if…

Q: he initial cost of a piece of equipment is IQD Its salvage value will be IQD 5 10° after an…

A: Given:- IQD 20 *106 Salvage value=IQD=5*106 t=5years d=0.25 To find:- Book value depreciation…

Q: A company that manufactures pulse Doppler insertion flow meters uses the Straight Line method for…

A: Equipment cost=$130000 Salvage value=$17000 Life of equipment=3year To find Depreciation charge…

Q: wouldn't Ix3 have to deducted according to the figure?

A: This question is related to the Strength of the material from Civil Engineering.

Q: Question 30 An electronics balance costs P87,000 and has an estimated salvage value of P12,000 at…

Q: Engr. Armando lends P5,000 at 6% simple interest for 4 years. At the end of this time, he invests…

A: simple interest in first 4 year=P*r*t100=5000*6*4100= P1200 at the end of 4th year he had total= P…

Q: A contractor is considering three capital investments. Each investment is consid- ered to have zero…

Q: A building has a salvage value of P1 M after 50 years. Annual depreciation is P2 M. Using straight…

Q: he first cost of an electric rebar bender is 341,000 pesos and a salvage value of 45000 pesos at the…

Q: 6. An earth moving equipment that cost P90,000 will have an estimated salvage value of P18,000 at…

A: Asset Cost = P90,000

Q: An asset is purchased for P 20,000. Its estimated life is 10 years after which will be sold for P…

Q: A test facility setup costs 10,00,000 at the time of installation, and its scrap value is 50,000 at…

A: Given data- Initial cost= Rs 10,00,000Scrap value= Rs 50,000Useful life =10 yearsTo Find-Book value…

Q: A man bought an equipment which cost P520,000.00. Freight and installation expenses cost him…

Q: A dynamic measurement machine used by Renshaw Instruments had a netannual cash revenue (GI - E)…

A: Evaluating Investment Feasibility with Net Present WorthUnderstanding the ProblemWe're tasked with…

Q: A dynamic measurement machine used by Renshaw Instruments had a netannual cash revenue (GI - E)…

A: The first step is to calculate the annual depreciation of the machine. This can be done using the…

Q: A man deposited (in the bank) 500,000 ID at the end of each month for four years with 10% interest…

A: Given data P=500,000ID n=15years Salvage value, F=2.5M Maintenance cost, M=250,000ID i=10%

Q: A new engine was installed by a textile plant at cost of P and projected to have a useful life of 10…

Q: An equipment cost $100,000 with a salvage value of $5,000 at the end of 10 years. Using a sinking…

A: Given, Equipment cost, FC= $100,000 salvage value, V= $5,000 n=10 years, i = 4% per annum.

Concept explainers

Pricing Construction Equipment

Pricing construction equipment means estimating the cost of operation of all the construction equipment used in a construction project. The pricing is done based on two factors – ownership cost and operating cost of the equipment. Thorough knowledge of the ownership and operating costs is necessary for proper project management and executing profitable construction.

Question

100%

A machine costing P 480,000 has a life expectancy of 12 years with a salvage value of 10% of the first cost.
What is the book value after five years using declining balance method?
O a. P 183,892
O b. P 152,758
O c. P 214,785
O d. P 196,432

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps with 1 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, civil-engineering and related others by exploring similar questions and additional content below.

Similar questions

A test facility setup costs 10,00,000 at the time of installation, and its scrap value is 50,000 at the end of the useful life in 10 years. Adopting a straight line method for computation of depreciation, estimate the book value of the facility at the end of five years.
An electronic balance costs ₱90,000 and has an estimated salvage value of ₱8,000 at the end of its 10 years life time. What would be the book value after three years?
The first cost of an electric rebar bender is P332,000 and a salvage value of P46,000 at the end of its life for 6 years. Money is worth 7.8% annually. If there is no salvage value and the annual maintenance cost is P19,000, find the annual cost of perpetual service. Express your answer in whole number.
3
1
A machine has a life of 30 years, costs $237800, and has a salvage value of $14550 using declining-balance. What is the Book Value after 10 years?
L2
28. A certain machine has book value of P140,452.78 after 5 years and P66,037.08 after 8 years. The book value is computed using Constant Percentage Method. Determine the initial cost of the equipment and its salvage value in its economic life of 10 years.
Please show all cash flow diagrams and math calculations
5 The first cost of an electric rebar bender is P306,000 and a salvage value of P49,000 at the end of its life for 5 years. Money is worth 4.3% annually. If there is no salvage value and the annual maintenance cost is P18,000, find the annual cost of perpetual service. Express your answer in whole number.
Scientific Instruments, Inc. uses a MARR of 8% per year. The company is evaluating a new process to reduce water effluents from its manufacturing processes. The estimate associated with the process follows. New Process First Cost, $ -40,000 NCF, S per year 13,000 Salvage value, S 5000 Life. years In evaluating the process on the basis of a rate of return analysis, the correct equation to use is: Select one O a. Any of the answers are correct O b. 0= - 40,000 + 13,000( P/A, i,3) + 5000( P/F, i,3) Oc. 0= - 40,000( F/Pi 3) + 13,000( F/A.i 3) + 5000 O d. 0= - 40,000( A/Pi 3) + 13,000 + 5000( A/F, i,3)
. A machine has initial cost of 10,000 and a salvage value of P500 for the life of 10years. Calculate the book value on the 8th year of the equipment given the 12% interest rate.