Cacho Ventures Corporation purchased a factory machine of Php 51,000 on January 1, 2015. The machine's expected 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: Years Hours Used 2015 1,200 2016 800 2017 1,150 2018 850 2019 1,000
Cacho Ventures Corporation purchased a factory machine of Php 51,000 on January 1, 2015. The machine's expected 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: Years Hours Used 2015 1,200 2016 800 2017 1,150 2018 850 2019 1,000
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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