Question 30 An electronics balance costs P87,000 and has an estimated salvage value of P12,000 at the end of its 13 years lifetime. What would be the depreciation after three years, using the sum of the years digit in solving for the depreciation? Express your answer whole number.
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- An electronics balance costs P98,000 and has an estimated salvage value of P6,000 at the end of its 13 years lifetime. What should be the depreciation after three years, using the sum of the years digit in solving for the depreciation?Subject: Engineering economy A small machine costing P80,000 has a salvage value of x at the end of its life of 5 years. The book value at the end of the 4th year is P22,400. What is the value of x using the straight line method depreciation?An equipment costing P750,000 has a life expectancy of 6 years. Using the sum-of-year’s digit method of depreciation, what must be its salvage value such that its depreciation charge at the fifth year is P52,380.95?
- 6. An equipment costing P250,000 has an estimated life of 15 years with a book value of P30,000 at the endof the period. Compute the depreciation charge and its book value after 10 years using the sum of year's digitmethod. with cash flowA machine costing P45,000 is estimated to have a salvage value of P4,350 when retired at the end of 7 years. Depreciation cost is computed using a constant percentage of the declining book value. What is the annual rate of depreciation in %?A machine having a certain first cost has a life of 10 years and a salvage value of 8.6% of the first cost at the end of 10 years. If it has a book value of P68, 914 at the end of 7thyears, how much is the first cost of the machine if the constant percentageof declining value is used in the computation for its depreciation.
- 5 The first cost of an electric rebar bender is P306,000 and a salvage value of P49,000 at the end of its life for 5 years. Money is worth 4.3% annually. If there is no salvage value and the annual maintenance cost is P18,000, find the annual cost of perpetual service. Express your answer in whole number.Prepare a depreciation table for semiconductor manufacturing equipment that cost P1.8M, with an estimated salvage value of 10% of the original cost at the end of 5 years using the straight-line method.A dump truck was bought for ₱300,000, six years ago. It will have a salvage value of ₱ 30,000 four years from now, what is its book value now if sinking fund method of depreciation is used at 6% interest per year? A. ₱ 20,484.3487 B. ₱ 142,884.8574 C. ₱ 157,115.1426 D. ₱ 235,689.6667
- The initial cost of a piece of construction equipment is P30,000,000 having a useful life of 10 years. The estimated salvage value of the equipment at the end of the useful life is P450,000. Determine the depreciation at 5th year instant when 6% interest is applied using the sinking fund formula. Also, determine the Book Value at 7th year.Ten years ago a businessman purchased a machine for P 50,000 with an expected life of 20 years based on straight line depreciation. Today, he decided to replace it with a modern one that costs P 120,000. If the salvage value of the old unit is P 20,000, how much more will he raise to buy the new machine? a. P 55,000 b. P 45,000 c. P 90,000 d. P 75,000A man bought an equipment which cost P520,000.00. Freight and installation expenses cost him 31,000.00. If the life of the equipment is 15 years with an estimated salvage value of P120,000.00, find its book value after 8 years.