A factory equipment has an initial cost of Php200,000.00. Its salvage value after 10 years is Php20,000.00. As a percentage of the initial cost, what is the straight line depreciation rate of the equipment?
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- An equipment in a factory has an initial cost of Php200,000. Its salvage value after ten years is Php20,000. As a percentage of the initial cost, what is the straight-line depreciation rate of the equipment?A piece of machinery costs P50,000 and has an anticipated P8,000 salvage value at the end of its six-year depreciable life. Using straight line method, what is the annual cost of depreciation?A bulldozer has an initial cost of Php 2,000,000. Its salvage value after 12 years is Php 175,000. As a percentage of the initial cost, what is the straight- line depreciation rate of the equipment? O 7.6041% O 6.6041% O 8.6041% O 5.6041%
- An equipment costing Php 750,000 has a life expectancy of 6 years. Using the sum-of-the–year’s digit method of depreciation, what must be its salvage value such that its depreciation charge at the fourth year is Php 50,000? Solve show solution.A machine costs Php 500,000 with a salvage value of Php 50,000. Its useful life is six years. The expected flow of the machine is 38000 hours in six years. In the first year, the machine was used for 4000 hours. In the second year, 6000 hours and 8000 hours on the third year. What is the depreciation at the end of the third year? What is the corresponding book value?A bulldozer was bought for ₱ 0.50M and have an estimated useful life of 10 years after which itwill have a scrap value of ₱0.05M. Repair and maintenance is placed at ₱ 35T annually, while cost for fuel,oil, lubricant and operator plus helper will be ₱ 12T monthly. Determine the following: What is the annual cost using the straight line method for computing depreciation when the minimumattractive rate of return is 8%?
- What is the average amount invested in a machine during its predicted five-year life if it costs $200,000 and has a $20,000 salvage value? Assume that net income is received evenly throughout each year and straight-line depreciation is used.A lathe machine costs ₱650,000 and the salvage value of ₱65,000 after 20 years.Find the annual depreciation at the end of 8 years by DBM and the annual depreciation at the end of 8 years by DDBMAn equipment has a first cost of Php20,000 and has a salvage value of Php2,000 after 10 years. What is the depreciation after 3 years using declining balance method?
- A machine costs Php 2,000,000. It has a salvage value of Php 500,000 at the end of itseconomic life. Using the Sum of the Years Digit Method, the book value at the end of two yearsis Php 800,000. What is the machine's economic life in years?A factory equipment has an initial cost of P175,000. Its salvage value after 8years is P18,000. As a percentage of the initial cost, what is the straiglt linedepreciation rate of the equipment.The annual depreciation of P25,000 has been reserve for a machine for amachine using straight line for 10 years. If the first cost is P300,000,determine the salvage value of the machine.A piece of machinery costs P50,000 and has an anticipated P8,000 salvage value at the end of its six-year depreciable life. What is its depreciated value at the end of 4 years? Use sum-of-years digits depreciation.