Php 5,000,000 with an estimated s or machine hours of about 25,000 hours. The expecte e is Php 200,000 and the estimated machine-hours for 10 y ollow: Year Machine Hours per year 1 -3 3000 4 -6 2600 7-10 800

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Machinery was purchased for Php 5,000,000 with an estimated working
hours or machine hours of about 25,000 hours. The expected scrap
value is Php 200,000 and the estimated machine-hours for 10 years are
as follow:
Year
Machine Hours
per year
1 -3
4 - 6
3000
2600
7-10
800
You are required to calculate the annual depreciation under the
machine-hours method.
Transcribed Image Text:Machinery was purchased for Php 5,000,000 with an estimated working hours or machine hours of about 25,000 hours. The expected scrap value is Php 200,000 and the estimated machine-hours for 10 years are as follow: Year Machine Hours per year 1 -3 4 - 6 3000 2600 7-10 800 You are required to calculate the annual depreciation under the machine-hours method.
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