An industrial plant bought a generator set for 90,000. Other expenses including installation amounted to 10,000. The generator set is to have a life of 17 years with a salvage value equivalent to 5.5% of the initial cost. Determine the depreciation charge during the 13th year and the book value at the end of 13 years by the: a. Straight Line Method b. declining balance method C. sinking fund method at 12% and

Q: Calculate the total hourly owning and operating cost of a 300-hp crawler-type excavator bought at…

A: Note: The definition of IITS is not being provided with so it neglected in the calculation Cost of…

Q: machine has a life of 30 years, costs $244300, and has a salvage value of $10880 using straight-line…

A: Given the cost price of a machine and its salvage value after the period of 30 years.  To find :…

Q: Cost of machine = P 1.4 MUseful life = 8 yearsSalvage value = P10, 000Determine the 4thyear…

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Q: A new excavator costs $20,000 when purchased and has an annual maintenance cost of $1000. The…

A: Step 1: The cash flow diagram based on the data provided in the question is as follows: On an…

Q: Dr. Max borrowed P3, 500, 000 at 8% for 10 years. The loan stipulated that the following payments…

A: Given, Borrowed principle money, M = P3,500,000 Rate of interest, R = 8% Time period, T = 10 years…

Q: Given: C, = 10,000.00 C, = 500.00 %3D n = 5 years Tabulate the annual depreciation charge and book…

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Q: >/ The following table represents a depreciation case. Complete the table End of year Depreciation…

A: The above table is related to a depreciation case. We have to complete the table based on the given…

Q: The purchase cost of an excavating machine is $200,750. After a useful life of 6 years, it is…

A: Given, Present value P=200750 $ N=6 years  Salvage value F= 45000 $ Interest i=12.7 %

Q: January your company purchased the following equipment. How much you depreciate for the fiscal year…

A: When the value of assets decreases uniformly over time up to its useful life, the cost of the assets…

Q: Using straight-line depreciation, what is the depreciation charge in the fifth year for an asset…

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Q: Contructor buy a bulldozer for his job, paying P30,000 to the manufacturer. Freight and ensurance…

A: The sum of years digits method is a form of accelerated depreciation that is based on the assumption…

Q: A machine costs P1,800,000. It has a salvage value of P300,000 at the end of 5 years. If money is…

A: Given data,  Machine cost  (C) = P1,800, 000 Salvage value = P300,000 Period = 5 years Intrest rate…

Q: Mr. Nara borrows P600,000 at 12% compounded annually agreeing to repay the loan in 15 equal…

A: As per the Bartleby guidelines I can answer only 1 question at a time. For other question respost…

Q: B. The installation cost of a machine is $5000 with estimated life of 8 years and selvage value of…

A: Question 1 Part B Initial Cost = $5000 Salvage value = $1500 Estimated life = 8 years  Annual…

Q: A machine is bought at P420,000 with an economic life of 6 years and a salvage value of P50,000. The…

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Q: 6. An asset that is book-depreciated over a 5-year period by the straight-line method has BV3…

A: Given data : Book depreciated over a 5 year period BV3=$62, 000 Depreciation charge =$26, 000 per…

Q: ou are asked by the manager of your company to determine the sum required to buy a company car and…

A: Given : You are asked by the manager of your company to determine the sum required to buy a company…

Q: Problem 1: A dump truck was bought for P750,000 three years ago. It will have a salvage value of…

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Q: A. Determine the annual cost of depreciation using Straight Line and Sinking Fund method if the…

A: The original cost of equipment(Ci)=P65000.00 Cost of the dealer to transport the unit=P2000.00…

Q: Use the straight line method to determine the annual amount of depreciation of the asset. If it cost…

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Q: 13. A 5- year MACRS has a cost basis for depreciation of $10,000. Salvage (market) value is $2,000.…

A: Given Data:Basis Cost = $10000.Salvage Value = $2000.Useful Life= 5years

Q: 49. Tony bought equipment which cost P320000. Freight and installation expenses cost him P15,000 if…

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Q: A machine having a first cost of Po0,000 s computed using constant percentage of the declining book…

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Q: company purchased an equipment for P8,000,000. Freight and installation charges amounted to 4.5% of…

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Q: A machine costing P45,000 is estimated to have a salvage value of P4,350 when retired at the end of…

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Q: A telephone company purchased a radio equipment for 5 million pesos. Construction charges amounted…

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Q: A contractor purchases an eqpt worth P250k & he estimates that it will be able to produce 1M units…

A: Depreciation: Depreciation refers to two attributes of the same principle: initially, the actual…

Q: An asset costs $17450 and has a scrap value of $9700 after 5 years. Calculate its book value using…

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Q: 6. An earth moving equipment that cost P90,000 will have an estimated salvage value of P18,000 at…

A: Asset Cost = P90,000

Q: The initial cost of a piece of construction equipment is P30,000,000 having a useful life of 10…

A: We have to determine the value of depericiation at 5th year instant when 6 % interest is applied…

Q: The formulas for depreciation method A is almost the same with depreciation method B except that in…

A: Mainly Depreciation can be calculated by using 5 methods .. Straight line method  Double declining…

Q: A man bought an equipment which cost P520,000.00. Freight and installation expenses cost him…

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Q: An equipment cost $100,000 with a salvage value of $5,000 at the end of 10 years. Using a sinking…

A: Given, Equipment cost, FC=  $100,000 salvage value, V= $5,000 n=10 years,  i = 4% per annum.

Q: A test facility setup costs 10,00,000 at the time of installation, and its scrap value is * 50,000…

A:

Q: A printing machine is to be installed at a cost of 38000 in a press. Assuming the life of the…

A: given cost of machine S=38,000life n=25 yearscompound interest i=5%salvage value=3500

Q: An electronic balance costs ₱90,000 and has an estimated salvage value of ₱8,000 at the end of its…

A: Cost of the electronic balance (C) = P90,000Estimated salvage value (S) = P8,000Lifetime (n) = 10…

Q: A machine costs P 800 000 and has an estimated salvage value of P 200 000 at the end of 20 years…

A: Given data,  Machine cost =P 8,00,000 Salvage value = P200,000 Life = 20 years Interest rate = 8% To…

Q: The company bought a machine whose value was 4,500,000 thousand and its useful life was estimated at…

A: Useful life=4years cost of asset=4500000 salvage value=50000