The Alpha Drug Company has just purchased a capsulating machine for ₱ 2,000,000. The plant engineer estimates that the machine has a useful life of five years and a salvage value of ₱ 25,000 at the end of its useful life. Compute the depreciation schedule for the machine by each of the following depreciation methods:

Q: An industrial plant bought a generator set for P90,000. Other expenses including installation…

A: * SOLUTION :-       The given data is,

Q: Compare the different depreciation methods.? Give an example of how companies depreciate their plant…

A: Due to the wear and tear happening over a period of time, assets lose their value. Hence,…

Q: A new electric saw for cutting small pieces of lumber in a furniture manufacturing plant has a cost…

A: Depreciation refers to the reduction in the value of an asset over time due to factors such as wear…

Q: Daily Enterprises is purchasing a $9.8 million machine. It will cost $55,000 to transport and…

A: The term depreciation refers to an accounting method used to allocate the cost of a tangible or…

Q: 4. A firm purchased $120,000 worth of light general- purpose trucks. The operations of the trucks…

A:

Q: 1. A company purchases an asset for P10,000 and plans to keep it for 20 years. If the salvage value…

A: Given, A company purchased an Asset = 10000 the Asset i keep for 20 years the salvage The value = 0…

Q: A contractor imported a bulldozer for his job, paying Ph 250000 to the manufacturer. Freight and…

A: Here is a wide range of shows that are intended to match deals and costs to the period in which they…

Q: If depreciation is $33 million and net domestic capital formation is $76 million Calculate gross…

A: The data presented in the question above:- Depreciation = $33 million Net domestic capital formation…

Q: 1.A machine is costing P54,000 is estimated life to have a book value of P5,050 when retired at the…

A:

Q: A crane rental company has acquired a new heavy-duty crane for $280,000. The company calculates…

A: here we calculate the depreciation rate per rental so the calculation of the following as follow-

Q: True or False: The process used to allocate the cost of intangible assets, such as patents,…

A: It can be defined as a concept that shows the amount of expenditure and any other sacrifice such as…

Q: Given:  Desk purchased January 10 for $3,000; 8-year useful life; $600 salvage value.  Calculate…

A: Given  Purchasing price or basis (B) =$3000 Useful life =8 year Salvage value =$600 Depreciation…

Q: The first cost of a pipe forming machine is Php 1,000,000.00. It can produce 10,000 pipes during its…

A: Answer; a. Fixed cost per piece of pipe:15 b. Variable cost per piece of pipe:51 c. Total…

Q: 4. A firm purchased $120,000 worth of light general- purpose trucks. The operations of the trucks…

A:

Q: A contractor imported a bulldozer paying P350k to the manufacturer, freight & insurance charges…

A: Given cost of bulldozer = 350000 Freight and insurance cost = 18000 Other expenses = 25000 P Salvage…

Q: A construction equipment costs P180,000. It has a salvage value of P15,000 at the end of its life of…

A: given that, fixed cost: P180000 salvage value: P15000 life of 12years

Q: factory has decided to purchase some new equipment for P600, 000. The equipment will be kept for 10…

A: given cost of equipment = 600000 P time = 10 years salvage value = 45000 P Adjusted value = cost –…

Q: 2. An asset is purchased for $500,000. The salvage value in 25 years is $100,000 and the Straight…

A: Value of an asset=$500,000Salvage value in 25 years=$100,000Thus,Value depreciated in 25…

Q: market value

A: Market price refers to the modern-day worth or charge of an economic asset, commodity, or property…

Q: 1. A machine costs P7,000.00, last 8 years and has a salvage value at the end of life of P350.00.…

A: Disclaimer:- as you posted multipart  questions we are supposed to solve the first 3 questions only…

Q: A machine costs Php 300,000 with a salvage value of Php 50,000 at the end of its life of 10 years.…

A: All tangible goods lose monetary worth over time owing to reasons such as wear and tear. The rate at…

Q: It cost k depreciation life CRS property class age value A $8,000 $8,000 $8,000 $8,000 $8,000 $8,000…

A: The expected decline in value of a fixed asset over the course of a fiscal year is represented by…

Q: Office equipment ost P14,000, has a useful life of 12 years, and a salvage value of P1,000. Using…

A: Initial cost C0=14,000 Useful service life (L)=12 years  Salvage value CL=1000 Depreciation method:…

Q: Find the depreciation for the sixth year using MACRS cost-recovery rates for the property placed in…

A: Economic depreciation is defined as an asset's wear and tear that exceeds its projected capacity or…

Q: 4. A fırm purchased $120,000 worth of light general- purpose trucks. The operations of the trucks…

A:

Q: An asset purchased for $50,000 has a depreciable life of five years, and it has a terminal book…

A: Depreciation refers to fall/decrease in the value of an asset. There are various methods of…

Q: Q1/ Purchased price mechanism of ($130,000), and an estimated economic life (8) years estimated…

A: Calculation of depreciation during second year and fifth year and book value during fourth year and…

Q: (a) What is meant by half-year convention? (b) Where does it show up in the MACRS depreciation rate…

A: (a). Half-year conversion assumes that all the assets are placed in the mid-point during the tax…

Q: Olivia’s asset is purchased for Php 25,000. Its estimated life is 12 years after which it will be…

A: Depreciation refers to the decrease in the value of asset overtime due to tear and wear of asset. In…

Q: Problem 6: ZYK Corporation makes its policy that for a new piece of equipment purchased, the annual…

A: Given that, annual depreciation must not exceed 20% of the first cost we have to find the length of…

Q: A certain machinery costs P 50,000 lasts 12 years with a salvage value of P 5,000.  If the owner…

A: Cosy of Machinery = 50,000 Salvage Value = 5000 n = 12 years

Q: A telephone company purchased a microwave radio equipment for PhP 6 Million, freight and…

A: Given  Purchased price of microwave radio equipment: Php 6 million. Freight and installation charge…

Q: Determine if each item below is a traceable or a common fixed cost. Depreciation on equipment used…

A: A cost that can be directly linked to a particular product line, service, or industry sector is…

Q: purpose trucks. The operations of the trucks le to annual income of $50,000 for years 1~4. Th trucks…

A: IRR BEFORE TAX Cash Outflow = $120,000 Cash Inflow = $50000 (for first 3 years) In 4th year = $…

Q: Calculate gross domestic capital formation if net domestic capital formation is $4400 and the…

A: The data presented In the question above is:- Net domestic capital formation = $4400 Depreciation =…

Q: A machine was purchased for Rupees 1,00,000, the estimated useful life of which is 8 years. The…

A: The written Down Value (WDV) method is a depreciation technique that applies a constant depreciation…

Q: The value of equilibrium incomo

A: The value of equilibrium income can be found by setting aggregate demand (C + I + XN) equal to…

Q: Research the types of depreciation. Provide a definition and model of each type of depreciation,…

A: Depreciation is the reduction in the value of an asset which tends to occur over time due to wear…

Q: An industrial plant bought a generator set for P 90,000. Other expenses including installation…

A: The declining balance method, also known as the reducing balance method or the accelerated…

Q: ZYK company makes its policy that for every new equipment purchased, the annual depreciation should…

A: Dear learner as you have posted multiple questions as per our policy we have solved only first…

Q: radio service panel truck initially costs P100T.  Its resale value at the end of the fifth year is…

A: Declining Balance Method is also called the Constant-Percentage Method or the Matheson formula.

Q: Xavier Company contracted for the purchase and installation of a large printer which costs P250,000.…

A: Depreciation is the amount of loss of value of fixed capital over period of time . Machinary cost =…

Q: 4.    Last month, a company specializing in wind power plant design and engineering made a capital…

A: Economic depreciation is a calculation of the fall in the market value of an asset over time from…

Q: If machine has a first cost which is five times of its salvage value and the annual depreciation…

A: The straight-line method is the type of depreciation method. Annual depreciation=(First cost-Salvage…