ABZ & Company purchased a factory machine of Php. 51,000 on January 1, 2015. The machine is expected to have a salvage value of Php. 6,000 at the end of its 5 year useful life. During the useful life, the machine is expected to be used for 5,000 hours. The machine was used as under, solve using straight-line method:
ABZ & Company purchased a factory machine of Php. 51,000 on January 1, 2015. The machine is expected to have a salvage value of Php. 6,000 at the end of its 5 year useful life. During the useful life, the machine is expected to be used for 5,000 hours. The machine was used as under, solve using straight-line method:
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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ABZ & Company purchased a factory machine of Php. 51,000 on January 1, 2015. The machine is expected to have a salvage value of Php. 6,000 at the end of its 5 year useful life. During the useful life, the machine is expected to be used for 5,000 hours. The machine was used as under, solve using straight-line method:
Transcribed Image Text:Years
2015
2016
2017
2018
2019
Hours used
1,200
800
1,150
850
1,000
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