Provide solution since the answers are already shown. Please use manual solution and not excel solutions. 1. A Machine costs P80,000 and an estimated life of 10 years with a salvage value of P5,000. What is the book valueafter 5 years using the following methodology? d. Double Declining Balance Method. BV3=P26,214.40e. Sum of the Years Digit Method. BV;=P25,454.55f. Service-Output Method. Assuming that the total service of the machine is 1,497,600 hours and the number of workingdays per year is 260 days. What is the book value after 4 years if the machine production time a is 24 hours?BV,=P79,687.38

Given Machine Cost P=80,000 Estimated life =10 years Salvage value F=5000 We have to calculate book…

Answered: d. Double Declining Balance Method.…

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Economics

d. Double Declining Balance Method. BV;=P26,214.40

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Chapter1: Making Economics Decisions

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Question

Provide solution since the answers are already shown. Please use manual solution and not excel solutions.

1. A Machine costs P80,000 and an estimated life of 10 years with a salvage value of P5,000. What is the book value
after 5 years using the following methodology?

d. Double Declining Balance Method. BV3=P26,214.40
e. Sum of the Years Digit Method. BV;=P25,454.55
f. Service-Output Method. Assuming that the total service of the machine is 1,497,600 hours and the number of working
days per year is 260 days. What is the book value after 4 years if the machine production time a is 24 hours?
BV,=P79,687.38

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