A machine was purchased at an original cost of P400,000 with a salvage value of P20,000. Life of this machine is expected to last for 6 years. It was used 4000 hours in the first year, 6000 hours in the second year, and 8000 hours on the third year. The machine is expected to last for 38,000 hours in a nerind of 6 years. Which of the following gives the depreciation at the end of the second year? -
A machine was purchased at an original cost of P400,000 with a salvage value of P20,000. Life of this machine is expected to last for 6 years. It was used 4000 hours in the first year, 6000 hours in the second year, and 8000 hours on the third year. The machine is expected to last for 38,000 hours in a nerind of 6 years. Which of the following gives the depreciation at the end of the second year? -
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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