Tammy Company purchased a boring machine on January 12018 for P8, 100 000. The useful life of the machine is estimated a years with a residual value at the end of this period of P600,000 During the useful life, the expected units of production are 12,000 units in 2018, 7,000 units in 2019 and 6,000 units in 2020 What is the depreciation expense for 2019 using the appropriate depreciation method ? Select the correct response 2.100.000 1.800.000 3,600 000 2.268,000

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A: 1. Straight-Line Depreciation Method: Spreads the cost of the equipment evenly over its useful life.…

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A: Depreciation Expense =     (Cost − Salvage Value​)     * Miles Driven…

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A: Depreciation is an estimation of the cost of physical/tangible assets used during a particular…

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A: Formula: Straight line method = ( Asset cost - Salvage value ) / Useful life

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A: Annual depreciation under SLM  = Cost- salvage / useful life   Cost - salvage =  273000-26000…

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A: In case of machine hours is givn ,then depreciation per machine hour:- =(Cost-salvage…

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A:

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A: Depreciation: Depreciation is a method of reducing the capitalized cost of long-lived operating…

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A: Note: Since you have posted multiple questions, we will solve the first question. Please submit a…

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A: Hi student Since there are multiple questions, we will answer only first question.

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Depreciation Methods

The word "depreciation" is defined as an accounting method wherein the cost of tangible assets is spread over its useful life and it usually denotes how much of the assets value has been used up. The depreciation is usually considered as an operating expense. The main reason behind depreciation includes wear and tear of the assets, obsolescence etc.

Depreciation Accounting

In terms of accounting, with the passage of time the value of a fixed asset (like machinery, plants, furniture etc.) goes down over a specific period of time is known as depreciation. Now, the question comes in your mind, why the value of the fixed asset reduces over time.