A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method? OP 2,000.00 P 2,100.00 P 2,200.00 P 2,300.00 Previous Next > <

A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method? OP 2,000.00 P 2,100.00 P 2,200.00 P 2,300.00 Previous Next > <

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter9: Pricing Construction Equipment

Section: Chapter Questions

Problem 5RQ

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Concept explainers

Tax Significance of Depreciation

While calculating taxes, depreciation is the method used to allocate the cost of a tangible or immovable asset over the useful life of an asset. In other words, allocate part of that cost to the times when tangible assets help generate revenue or sales. By recording the depreciation of an asset, depreciation reduces the amount of taxes a company or business pays in tax deductions.

Question

A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is
its book value after 8 years using straight line method?
OP 2,000.00
P 2,100.00
P 2,200.00
P 2,300.00
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conomy-lec5 MARR Annual Worth Example: Aproject requires an initial investment of $45,000, has a salvage value of $12,000 after six years, incurs annual expenses of S6,000, and provides an annual revenue of $18,000. Using a MARR of 10%, determine the AW of this project. $12,000 $18,000 $6,000 $45,000 D 17:45 / 23:42 CC
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A machine costs P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method? A. P 2,100 B. P 2,000 C. P1,900 D. P 2,200
5.26 An industrial engineer is considering two robots for purchase by a fiber-optic manufacturing com- pany. Robot X will have a first cost of $80,000, an annual maintenance and operation (M&O) cost of S30,000, and a $40,000 salvage value. Robot Y will have a first cost of $97,000, an annual M&O cost of $27,000, and a $50,000 salvage value. Which should be selected on the basis of a future worth comparison at an interest rate of 15% per year? Use a 3-year study period.
Show clean and complete details of your work Problem 6: ZYK Corporation makes its policy that for a new piece of equipmentpurchased, the annual depreciation should not exceed 20% of the first cost at any timewithout salvage value. Determine the length of service necessary for the equipment using 1. SL Method2. SF Method at 6%
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QUESTION 4 A company that manufactures pulse Doppler insertion flow meters uses the Straight Line method for book depreciation purposes. Newly acquired equipment has a first cost of $120,000 with a 3-year life and a $16,500 salvage value. Determine the depreciation charge and a book value for year 2. The book value for year 2, (in $)
49. Tony bought equipment which cost P320000. Freight and installation expenses cost him P15,000 if the life of the equipment is 15 years with an estimated salvage value of P90,000. Find its book value after 3 years using the straight line method a. P 286000 b. P 272000 P 195000 C. d. P 270000 e. None of the above
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I Net Cumulative Yardage 5000 ● 4000 3000 2000 1000 0 -1000 -2000 -3000 -4000 -5000 0 O $28,875.00 O $47,812.50 4,500 Compute the total borrow costs: O $35,062.50 5.0 O $12,750.00 None of the above -1,500 0 5 --2500 Given the Mass Haul Diagram above and the following information: Excavation Cost: $3.50/cu. yd. Borrow Cost: $4.25/cu. yd. Overhaul Cost: $1.50/sta*cu. yd. Free Haul Limit: 500 ft. 8.0 5.0 16.25 -3,750 10 Stations -1,500 15 5.0 8.0 6.6 20 -750 -1,500 -3,000 25
A contractor is considering the purchase of an earthmover to avoid the cost of a rental unit. The earthmover costs $350,000 initially and will cost $7000 per year to store and maintain. When used, the operating cost is $300 per day to the contractor. A rental unit costs $500 per day to rent and operate. The contractor estimates that he would keep the earthmover for 20 years and could then sell it at salvage for $20,000. He requires a 12% rate of return on any investment. Determine how many days per year he would have to operate the earthmover to make it a worthwhile purchase. Sketch the breakeven chart for this situation.
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