Annual operating cost. Fixed operating costs other than depreciation Resale value, if sold now. Original cost of current machine P80,000 P14,000 P25,000 P67 000
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How much sunk cost is represented in the following list?
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- Referring to PA7 where Kenzie Company purchased a 3-D printer for $450,000, consider how the purchase of the printer impacts not only depreciation expense each year but also the assets book value. What amount will be recorded as depreciation expense each year, and what will the book value be at the end of each year after depreciation is recorded?Machine equipment has an initial purchase price of 20 000 TL, an estimated scrap value of 2 000 TL, and a 5-year economic life. a) Line-of-Line Method, b) Total Annual Figures Method, c) Declining Balance Method Calculate the annual depreciation and residual values of the machinery equipment according to the above methods?Assuming the machine is depreciated using SYD and estimated residual value of P120,000 after its 6 years of physical life. The recoverable amount of the machine at the end of 2022 and 2023, respectively were P3,100,000 and P2,400,000. What is the amount of gain on recovery and revaluation surplus for the period ending December 31, 2023?
- Revaluation Model- Market approach Corona Co. Determined the following information for the purpose of revaluating its building: Historical cost 30,000,000 Accumulated depreciation 9,000,000 fair Value 25,200,000 Remaining useful life (at a revaluation date ) 8 years Depreciation Method SLM Residual Value 1,200,000 Income tax rate 30% Requirements: a. Compute for the revaluation surplus, net of tax b. Provide the entry to record the revaluattion surplus using (1) proportional method and (2) Elimination Method. c. Determine the revised annual depreciation after…The cost of installing equipment for electronic component immersion cooling is P182,000, with a 15-year lifetime and trade-in value of P40,000. Use declining balance book depreciation to calculate (a) the depreciation charge and (b) the book value for years 2 and 10. use a formulaA depreciable property costing P1,400,000 with original residual value of P80,000 after 10 years, had been revalued at a replacement cost of P1,680,000 with residual value of P20,000. The age of the asset is four years when it was revalued. What is the revaluation surplus? Please answer it complete using good accounting form. Thank you
- What is the Capitalized Cost assuming the cost of perpetual replacement remains constant? First Cost - 80,792 Estimated Life - 14 Scrap Value - none Annual Maintenance - 2,997 Interest - 0.104An asset will cost $1,750 when purchased this year. It is further expected to have a salvage value of $250 at the end of its five-year depreciable life. Calculate complete depreciation schedules giving the depreciation charge, D(n), and end-of-year book value, B(n), for straight-line (SL), sum of the years digits (SOYD), double declining balance (DDB), and modified accelerated cost recovery (MACRS) depreciation methods. Assume a MACRS recovery period of 5 years.Assuming modified accelerated cost-recovery-system depreciation and an economic life of five years, what is the book value after three years of an asset of initial cost P? OA. 0.288P OB. 0.422P OC. 0.808P OD. 0.852P
- A machine equipment has an initial purchase price of 20000 TL, an estimated scrap value of 2000 TL and an economic life of 5 years.a) Calculate using the Line-Line Method.b) Calculate using the Sum of Annual Figures Method.c) Calculate with the Declining Balance Method. Calculate the annual depreciation and residual values of the machinery equipment according to the above methods?please do not use the excel program.from the following facts,for straight line depreciation what is given cost - $35,000 residual value - $15,000 est useful life - 4 required: book value at the end of year 3onsider the following data on an asset:Cost of the asset, I $235,000Useful life, N 5 yearsSalvage value, S $ 60,000Compute the annual depreciation allowances and theresulting book values, using(a) The straight-line depreciation method.(b) The double-declining-balance method
