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Question 8 Correct Mark 1.00 out of 1.00 V' Flag question Question 9 Correct Mark 1.00 out of 1.00 V' Flag question Question 10 Correct Mark 1.00 out of 1.00 V" Flag question Based on the descriptions, which of the following receipts are assessable income? (DDividend payment on BHP shares. @A gift of $3,000 from your uncle. @$1,000 won at the races. @Interest of $100 received from Westbank. @Wages of $600 received by an employee of a supermarket. Select one: a.1,2,4,5 b.1,4,5 v c. 235 d1,23,4,5 Your answer is correct. Work related expenses must be substantiated when the amount claimed is above: Select one: a. None of these answers. b. $500 c. $200 d. $400 e. $300 v Your answer is correct. From the following list of Tax Offsets, determine which are refundable: (1 Medical expenses tax offset. (@Private health insurance tax offset. @Low income tax offset. @Foreign income tax offset. ®) Franking tax offset. Select one: a'1’2and3 - ... 3]
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Subject: Engineerings Economics Topic: Double Declining Balance Method(DDBM)
Please help me to solve this in step by step manner. Make sure to analyze the question well.BOX your final answer An earth moving equipment that cost P90,000 will have an estimated salvage value of P19,000 at the end of 7 years, Using double-declining balance method, compute the book value and the total depreciation at the end of the 2nd year. USE THE REFERENCES AND FORMULA BELOW
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Subject: Engineerings Economics Topics:1. Declining Balance Method (DBM)
Please help me to solve this in step by step manner. Make sure to analyze the question well.BOX your final answer
Question: A machine cost P160,000 and is estimated to have a life of 6 years. If the rate of depreciation is 25%, find the salvage value using the declining balance method.Please use the following sources below:
Blank, L. & Tarquin, A. (2018). EngineeringEconomy (8th Ed.). McGraw-Hill Education.Sullivan, W., Wicks, E. & Koelling, C. P. (2014).Engineering Economy (16th Ed.). PearsonEducation South Asia Pte Ltd.Sta. Maria, H. (2000). Engineering Economy(3rd Ed.). National Book Store.Arreola, M. (1993). Engineering Economy(3rd Ed.). Ken Incorporated.
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Engineering Economy, Chapter 16:
Depreciation Methods
Assume that your Harley has a first cost of
$25,000 and an estimated $4000 Salvage
value after 12 years. Calculate it's double
declining balance (DDB) depreciation and
book values for 1. Year 1 only 2. Year 4 only 3.
Calculate the salvage value at the end of 12
years for the DDB model
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5- XYZ electric company manufactures a number of electric
products. Rechargeable light is one of the XYZ's products that
sells for $180 per unit. Total fixed expenses related to
rechargeable electric light are $270,000 per month and variable
expenses involved in manufacturing this product are $126 per
unit. Answer the following questions:
a) Compute break-even point of the company in units.
b) Compute break-even point of the company in dollars.
c) Compute the number of rechargeable lights to be sold to earn a
net operating income of $189,000 per month
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please answer ASAP!
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Subject: Engineerings Economics Topics:1. Declining Balance Method (DBM)
Please help me to solve this in step by step manner. Make sure to analyze the question well.BOX your final answer
Question: A machine cost P160,000 and is estimated to have a life of 6 years. If the rate of depreciation is 25%, find the salvage value using the declining balance method.Please use the following sources AND THE FORMULA below:
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Tutorial Questions
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1. The Outback Steakhouse main office has
purchased a $100,000 online document
imaging system with an estimated useful life of
8 years and a tax depreciation recovery period
of 5 years. Compare the present worth of total
depreciation for (a) the SL method, (b) the DDB
method, and (c) DDB-to-SL switching (d)
Perform the DDB-to-SL switch and plot the
book values. Use a rate of i=10% per year.
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Using the following information, calculate the Net Value Added at Factor Cost.
Sales
25000
Excise Duty
5000
1000
-500
7000
Depreciation
Change in Stock
Intermediate Cost
O a. 11000
O b. 10500
O c.
O d.
12500
11500
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A. When the price
=50000-500(Demand) and the variable cost-$3000 per unit, the value of
demand that maximize the profit
B. The installation cost of a machine is $10000 with estimated life of 10 years and selvage
value of $2000 at the end of the 10th year. What will be the annual depreciation cost in the
fourth year (using straight line method)?
C. Suppose that the initial cost of a certain operation is $25000 at the beginning of the first
year. The expenditures are expected to be ($1500) at the end of the first year, $1000 at the
end of second year, and to increase by $500 at the end of each of the next 4 years. The
salvage value at the end of the 8th year is $1500. Draw the cash flow diagram.
D. The Present worth (PW) of 5 annual payment of $10000 paid at the end of the each of the 5
years with interest rate of % 16 compounded quarterly is.
E. The Future worth at the end of the 4 years (FW4) of the four $2000 annual payment paid at
the beginning of each of the 4 years (shown in Figure…
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TOPIC: SINKING FUND METHOD
Question:
An equipment cost 60,000 today and its salvage value is 20,000 after 6 years. Calculate its total depreciation at year 3 with 5% interest rate. Use sinking fund method.
P.S Use manual solving only Thank you!
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QUESTION 5
A construction store sells a wide variety of cut limestone for residential and commercial building construction. A
recent quarry expansion cost $2.9 million and added an estimated 100,000 tons of reserve. Estimate the cost
depletion allowance in year 2 using the projections made by the owner.
Year
2
3
14
Volume, 1000 tons
Price, $ per ton
$ 1.42 million
10
15
15
18
75
70
70
75
85
$0.52 million
O $1.24 million
O $1.94 million
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A 5- year MACRS has a cost basis for depreciation of $20,000. Salvage (market) value is
$4,000. The depreciation charge for the third year and Book value of asset after third year
of the depreciation is it closest to what value?
a. $3840, $16160
b. $3840, $5760
c. $6400, $5600
d. $6400, $9600
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Consider the following financial information for an engineer:
Age: 25Status: Single, no childrenGross Income: $54,000 401k investment: $4000Residential status: RentingTotal eligible itemized deductions: $3000 for charitable donations
What is the taxable income? (IF you need to use them, assume the standard deduction for single is $12000 and married is $24000).
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6
Use the units of production method to find depreciation for the following:
Cost
Salvage Value
Estimated Life
Usage
$20000
$2000
40,000 h
12,480 h
$70,000
$7000
100,000 units
70,500 units
$18500
2300
75,000 mi
55,600 mi
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7. An asset has an initial cost of $80,000, a salvage value of $10,000, and a depreciation life of 8 years.
a)
Determine the book value for year 3 using straight-line depreciation.
b)
Determine the depreciation for year 3 using double declining balance depreciation.
Determine the equivalent annual capital recovery_plus a return of 10% for year 3, assuming double declining
balance depreciation.
c)
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Ella Ltd recently started to manufacture and sell productDG. The variable cost of product DG is £4 per unit and the totalweekly fixed costs are £18 000.The company has set the initial selling price of product DG byadding a mark up of 40 per cent to its total unit cost. It has assumedthat production and sales will be 3000 units per week.The company holds no stocks of product DG.Required:(a) Calculate for product DG:(i) the initial selling price per unit; and(ii) the resultant weekly profit.
The management accountant has established that alinear relationship between the unit selling price (P in £)and the weekly demand (Q in units) for product DG isgiven by:P = 20 - 0:002QThe marginal revenue (MR in £ per unit) is related to weeklydemand (Q in units) by the equation:MR = 20 - 0:004Q(b) Calculate the selling price per unit for product DG that shouldbe set in order to maximize weekly profit. (c) Distinguish briefly between penetration and skimming pricingpolicies when launching a new…
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1. The author of a bestselling novel was offered the following alternatives by a
movie company for the rights to make her novel into a movie.
A.) A single lump sum payment of 500,000 or
B.) An initial payment of 250,000 plus 2% of the movies gross receipts for
the next 5 years estimated to be as follows:
Gross Receipts
End of Year
1
2
3
4
5
10,000,000
8,000,000
6,000,000
4,000,000
2,000,000
20% of Gross Receipts
200,000
160,000
120,000
80,000
40,000
If money is worth 14% to the author, which alternative should she select?
Disregard income tax consideration.
2. To maintain a bridge, P5,000 will be required at the end of 3 years and
annually thereafter. If money is worth 8%, determine the capitalized cost of all
future maintenance.
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Subject: Engineerings Economics Topics:1. Declining Balance Method (DBM)2. Double Declining Balance Method(DDBM)3. SYD4. Service Output Method5. Uniform Arithmetic Gradient( one problem)
Please help me to solve this in step by step manner. Make sure to analyze the question well.BOX your final answer
Question: A machine cost P160,000 and is estimated to have a life of 6 years. If the rate of depreciation is 25%, find the salvage value using declining balance method.
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Answer questions 5 to 7 using the following
information:
(M&M) sell one size of coffee latte. Medro &
Mariana put together the weekly breakeven
diagram for the coffee latte as shown below.
The coffee shop operates 6 days a week.
Medro was trying to figure out the equation
used to calculate total revenue (TR). Which
of the following is the correct total revenue
equation?
KD/wk
875
750
700
642.86
500
3D
285.71
400
500
600
Ol attes)
a. TR = 1.5Q
b. TR = 1.75Q
c. TR = 20
d. cannot be determined, not enough
information
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Subject: Engineerings Economics Topics: Double Declining Balance Method(DDBM)1. Sum-of-the-Years’-Digits (SYD) Method
Office equipment ost P14,000, has a useful life of 12 years, and a salvage value of P1,000. Using the sum of years digit method, find the value of the depreciation during the first year.
USE THE REFERENCES AND FORMULA BELOW (ATTACHED ON THE PICTURE)
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Marco has an asset valued $100 now. There is a
20% depreciation rate. Landing the asset is
possible, at 10% rate of return. See the
following Figure:
Temps restant 0:25:53
Consumption later ($)
39
26
110
80
0
0
FF (store grain; 20% losses)
FF (lend at 10%)
Marco's IC (medium utility)
65 68
Consumption now ($)
MRS MRT
Marco's IC (low utility)
Marco's endowment
100
Say if the following statements are correct.
Veuillez choisir au moins une réponse.
a. By doing nothing, Marco can consume
$68 now, and $80 later
O b. By lending $65, Marco can consume
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Define the term Gains and Losses on Depreciable Assets?
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1. Find the appraisal value of the mill, using straight-line depreciation
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Please provide a clear handwritten step-by-step solution for the problem. Do not use any software for answering just do it manually so I can learn how the problem is solved. Thank you.
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3
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Define the term Depreciation?
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16.
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A truck used for transporting unobtainium has a net cost of $30,000, useful life of 7 years, and no salvage. Complete the following depreciation table using UOP depreciation.
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- Subject: Engineerings Economics Topic: Double Declining Balance Method(DDBM) Please help me to solve this in step by step manner. Make sure to analyze the question well.BOX your final answer An earth moving equipment that cost P90,000 will have an estimated salvage value of P19,000 at the end of 7 years, Using double-declining balance method, compute the book value and the total depreciation at the end of the 2nd year. USE THE REFERENCES AND FORMULA BELOWarrow_forwardSubject: Engineerings Economics Topics:1. Declining Balance Method (DBM) Please help me to solve this in step by step manner. Make sure to analyze the question well.BOX your final answer Question: A machine cost P160,000 and is estimated to have a life of 6 years. If the rate of depreciation is 25%, find the salvage value using the declining balance method.Please use the following sources below: Blank, L. & Tarquin, A. (2018). EngineeringEconomy (8th Ed.). McGraw-Hill Education.Sullivan, W., Wicks, E. & Koelling, C. P. (2014).Engineering Economy (16th Ed.). PearsonEducation South Asia Pte Ltd.Sta. Maria, H. (2000). Engineering Economy(3rd Ed.). National Book Store.Arreola, M. (1993). Engineering Economy(3rd Ed.). Ken Incorporated.arrow_forwardEngineering Economy, Chapter 16: Depreciation Methods Assume that your Harley has a first cost of $25,000 and an estimated $4000 Salvage value after 12 years. Calculate it's double declining balance (DDB) depreciation and book values for 1. Year 1 only 2. Year 4 only 3. Calculate the salvage value at the end of 12 years for the DDB modelarrow_forward
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- US abc AV- Aa A Font C Paragraph Align Text T ALLE Convert to SmartArt ½~ { } ☆ - { Tutorial Questions vre 5. !!! WAL 1. The Outback Steakhouse main office has purchased a $100,000 online document imaging system with an estimated useful life of 8 years and a tax depreciation recovery period of 5 years. Compare the present worth of total depreciation for (a) the SL method, (b) the DDB method, and (c) DDB-to-SL switching (d) Perform the DDB-to-SL switch and plot the book values. Use a rate of i=10% per year. PE Arrange Quick Styles Notes Drawing p Shape Outline Shape Effects Comments F Find ab sac Replace Select- Editing Activate Window Go to Settings to activa 119 88 89 9 Aarrow_forwardUsing the following information, calculate the Net Value Added at Factor Cost. Sales 25000 Excise Duty 5000 1000 -500 7000 Depreciation Change in Stock Intermediate Cost O a. 11000 O b. 10500 O c. O d. 12500 11500arrow_forwardA. When the price =50000-500(Demand) and the variable cost-$3000 per unit, the value of demand that maximize the profit B. The installation cost of a machine is $10000 with estimated life of 10 years and selvage value of $2000 at the end of the 10th year. What will be the annual depreciation cost in the fourth year (using straight line method)? C. Suppose that the initial cost of a certain operation is $25000 at the beginning of the first year. The expenditures are expected to be ($1500) at the end of the first year, $1000 at the end of second year, and to increase by $500 at the end of each of the next 4 years. The salvage value at the end of the 8th year is $1500. Draw the cash flow diagram. D. The Present worth (PW) of 5 annual payment of $10000 paid at the end of the each of the 5 years with interest rate of % 16 compounded quarterly is. E. The Future worth at the end of the 4 years (FW4) of the four $2000 annual payment paid at the beginning of each of the 4 years (shown in Figure…arrow_forward
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