Managerial economics not account so please answer this asap!!! **Problem Statement:**A tax-duty-free importation of a 30HP sandmill for paint manufacturing costs ₱360,000. Bank charges, including arrastre and brokerage, cost ₱5,000. Foundation and installation costs amount to ₱25,000. Other incidental expenses total ₱20,000. The salvage value of the mill is estimated to be ₱60,000 after 20 years. Calculate the appraisal value of the mill using the Straight Line Method (SLM) at the end of 10 years.

here by using the single line formula we calculate the Appraisal value which are as follow- here we use the single line formula as follow- C0=P36,000 + P5000 +P25000 + P20,000 C0= P4,10,000 The depreciation having some salvage value so , Cn= 60,000, for 20 year life span would be d=C0-Cn / n d= P410000-P60000/20 d= P17500 After a 10 year depreciation period it would be , D10 = 10d = 10 (P17500) D10 = P1,75,000 Now by using the information we calculate the appraisal value as follow= C10= C0-C10 C10= P410000-P1750000 C10=P2,35,000 so here we conclude that Appraisal value is C10 is P2.35,000

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Economics

- A tax duty free importation of a 30HP sandmill for paint manufacturing cost P360,000. Bank charges arrastre and brokerage cost P5,000. Foundation and installation costs were P25,000. Other incidental expenses amount to P20,000. Salvage value of the mill is estimated to be P60,000 after 20 years. Find the appraisal value of the mill using SLM at the end of 10 years.

- A tax duty free importation of a 30HP sandmill for paint manufacturing cost P360,000. Bank charges arrastre and brokerage cost P5,000. Foundation and installation costs were P25,000. Other incidental expenses amount to P20,000. Salvage value of the mill is estimated to be P60,000 after 20 years. Find the appraisal value of the mill using SLM at the end of 10 years.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Managerial economics not account so please answer this asap!!!

**Problem Statement:**

A tax-duty-free importation of a 30HP sandmill for paint manufacturing costs ₱360,000. Bank charges, including arrastre and brokerage, cost ₱5,000. Foundation and installation costs amount to ₱25,000. Other incidental expenses total ₱20,000. The salvage value of the mill is estimated to be ₱60,000 after 20 years. Calculate the appraisal value of the mill using the Straight Line Method (SLM) at the end of 10 years.

Economic approach that helps managers to take business decisions. It involves the application of economic theories, models, and methods to understanding business problems and solving them.

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