plz solve it within 30-40 mins I'll give you multiple upvote An electronics balance costs P88,000 and has an estimated salvage value of P10,000 at the end of its 8 years lifetime. What would be the depreciation afterthree years, using the sum of the years digit in solving for the depreciation?Express your answer in whole number.

Depreciation = ( Cost of the asset - Salvage value ) * Number of years left / Sum of years

An electronics balance costs P88,000 and has an estimated salvage value of P10,000 at the end of ts 8 years lifetime. What would be the depreciation affer three years, using the sum of the years digit in solving for the depreciation? Express your answer in whole number.

An electronics balance costs P88,000 and has an estimated salvage value of P10,000 at the end of ts 8 years lifetime. What would be the depreciation affer three years, using the sum of the years digit in solving for the depreciation? Express your answer in whole number.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Assignment/takeAssignmentMain.do?invoker3D&takeAssignmentSessionLocator=D&inprogress%3Dfalse eBook Show Me How Calculator Print Item $37,200/52 = $715.38 weekly $715.38/35 = $20.44 hourly $20.44 x 1.5 $30.66 overtime $1,550.00 (semimonthly pay) + (7 x $20.44) + (1 x $30.66) = $1,723.74 Sheila Williams, a medical secretary, earns $3,575 monthly for a 35-hour week. For overtime work, she receives extra pay at the regular hourly rate up to 40 hours and time and one-half beyond 40 hours in any week. During one semimonthly pay period, Williams worked 10 hours overtime. Only 2 hours of this overtime were beyond 40 hours in any one week. Compute the following amounts. Round all divisions to two decimal places and use the rounded amounts in subsequent computations. Round your final answers to the nearest cent. a. The regular semimonthly earnings 1,787.50 b. The overtime earnings 186.78 c. The total earnings 1,474.28 X Feedback TCheck My Work a. Divide monthly earnings by 2 to get semimonthly…
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My Drive - Google Drive X 4 My Drive - Google Drive Front Desk Operations 2020 - Go X + ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress%3Dfalse Tp Netflix 0z TVCC Email P My Math Lab Log In to Canvas X Mathway | Calculus.. N Netflix Cengage Login * Login Readin- Darby Company, operating at full capacity, sold 114,800 units at a price of $108 per unit during the current year. Its income statement is as follows: Sales $12,398,400 Cost of goods sold 4,392,000 Gross profit $8,006,400 Expenses: Selling expenses $2,196,000 Administrative expenses 1,332,000 Total expenses 3,528,000 Income from operations $4,478,400 The division of costs between variable and fixed is as follows: Variable Fixed Cost of goods sold 60% 40% Selling expenses 50% 50% Administrative 30% 70% expenses Management is considering a plant expansion program for the following year that will permit an increase of $972,000 in yearly sales. The expansion will increase fixed costs by…
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