AEC purchased an equipment for its manufacturing plant that costs PhP 3,750,000 + 10,000(x). It is estimated to have a useful life of 20 years; scrap value of PhP 375,000, production of 12,345,678 + 15,000(x) units and working hours of 100,000 + 1,500(x) hours. The company uses the equipment for 7,884 hours and produced 876,543 units on the first year and 7,883 hours and produced 987,654 units on the second year. Solve for the following: x=09 Working Hours Method -Total Depreciation after the 1st year -book value at the end of the 2nd year
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AEC purchased an equipment for its manufacturing plant that costs PhP 3,750,000 + 10,000(x). It is estimated to have a useful life of 20 years; scrap value of PhP 375,000, production of 12,345,678 + 15,000(x) units and working hours of 100,000 + 1,500(x) hours. The company uses the equipment for 7,884 hours and produced 876,543 units on the first year and 7,883 hours and produced 987,654 units on the
second year. Solve for the following: x=09
Working Hours Method
-Total Depreciation after the 1st year
-book value at the end of the 2nd year
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Solved in 2 steps
- Mang Juan purchased an equipment for its manufacturing plant that costs PhP 3,750,000 + 10,000(x). It is estimated to have a useful life of 20 years; scrap value of PhP 375,000, production of 12,345,678 + 15,000(x) units and working hours of 100,000 + 1,500(x) hours. The company uses the equipment for 7,884 hours and produced 876,543 units on the first year and 7,883 hours and produced 987,654 units on thesecond year. Solve for the following: x=09 Sum of Years Digit Method -book value at the end of the 2nd yearAEC purchased an equipment for its manufacturing plant that costs PHP 3, 750 000 + PHP 10,000 (01). It is estimated to have a useful life of 20 years; scrap value of PHP 375, 000, production of 12,345,678 + 15,000 (01) units and working hours of 100,000 + 1,500 hours. The company uses the equipment for 7,884 hours and produced 876,543 units on the first year and 7,883 hours and produced 987,654 units on the second year. Solve for the following: a. Double Declining Balance Method - Book value at the end of 2nd yearKindly provide a COMPLETE and CLEAR solution.AEC purchased an equipment for its manufacturing plant that costs PhP 3,750,000 + 10,000(x). It is estimated to have a useful life of 20 years; scrap value of PhP 375,000, production of 12,345,678 + 15,000(x) units and working hours of 100,000 + 1,500(x) hours. The company uses the equipment for 7,884 hours and produced 876,543 units on the first year and 7,883 hours and produced 987,654 units on thesecond year. Solve for the following: x=09 Straight Line Method -Total Depreciation after the 1st year -book value at the end of the 2nd year
- AEC purchased an equipment for its manufacturing plant that costs PHP 3, 750 000 + PHP 10,000 (01). It is estimated to have a useful life of 20 years; scrap value of PHP 375, 000, production of 12,345,678 + 15,000 (01) units and working hours of 100,000 + 1,500 hours. The company uses the equipment for 7,884 hours and produced 876,543 units on the first year and 7,883 hours and produced 987,654 units on the second year. Sol ve for the following: a. Straight Line Method - Total Depreciation after the 1st year - Book value at the end of 2nd yearKindly provide a COMPLETE and CLEAR solutions.AEC purchased an equipment for its manufacturing plant that costs PHP 3, 750 000 + PHP 10,000 x (01). It is estimated to have a useful life of 20 years; scrap value of PHP 375, 000, production of 12,345,678 + 15,000 x (01) units and working hours of 100,000 + 1,500 hours x (01). The company uses the equipment for 7,884 hours and produced 876,543 units on the first year and 7,883 hours and produced 987,654 units on the second year. Solve for the following: c. Service Output Method- Total Depreciation after the 1st yearAEC purchased an equipment for its manufacturing plant that costs PHP 3, 750 000 + PHP 10,000 x (01). It is estimated to have a useful life of 20 years; scrap value of PHP 375, 000, production of 12,345,678 + 15,000 x (01) units and working hours of 100,000 + 1,500 hours x (01). The company uses the equipment for 7,884 hours and produced 876,543 units on the first year and 7,883 hours and produced 987,654 units on the second year. Solve for the following: e. Sum of Years Digit Method - Book value at the end of the 2nd yearKindly provide a COMPLETE and CLEAR solution. And please don't use Excel.
- AEC purchased an equipment for its manufacturing plant that costs PHP 3, 750 000 + PHP 10,000 x (01). It is estimated to have a useful life of 20 years; scrap value of PHP 375, 000, production of 12,345,678 + 15,000 x (01) units and working hours of 100,000 + 1,500 hours x (01). The company uses the equipment for 7,884 hours and produced 876,543 units on the first year and 7,883 hours and produced 987,654 units on the second year. Solve for the following: f. Declining Balance Method - Rate of Depreciation, RKindly provide a COMPLETE and CLEAR solution.AEC purchased an equipment for its manufacturing plant that costs PHP 3, 750 000 + PHP 10,000 x (01). It is estimated to have a useful life of 20 years; scrap value of PHP 375, 000, production of 12,345,678 + 15,000 x (01) units and working hours of 100,000 + 1,500 hours x (01). The company uses the equipment for 7,884 hours and produced 876,543 units on the first year and 7,883 hours and produced 987,654 units on the second year. Solve for the following: b. Working Hours Method- Total Depreciation after the 1st year- Book value at the end of the 2nd yearKindly provide a COMPLETE and CLEAR solution. Don't use Excel.AEC purchased an equipment for its manufacturing plant that costs PHP 3, 750 000 + PHP 10,000 x (01). It is estimated to have a useful life of 20 years; scrap value of PHP 375, 000, production of 12,345,678 + 15,000 x (01) units and working hours of 100,000 + 1,500 hours x (01). The company uses the equipment for 7,884 hours and produced 876,543 units on the first year and 7,883 hours and produced 987,654 units on the second year. Solve for the following: d. Sinking Fund Method (i=8%)- Book value at the end of the 1st yearKindly provide a COMPLETE and CLEAR solution.
- AEC purchased an equipment for its manufacturing plant that costs PHP 3, 750 000 + PHP 10,000 x (01). It is estimated to have a useful life of 20 years; scrap value of PHP 375, 000, production of 12,345,678 + 15,000 x (01) units and working hours of 100,000 + 1,500 hours x (01). The company uses the equipment for 7,884 hours and produced 876,543 units on the first year and 7,883 hours and produced 987,654 units on the second year. Solve for the following: e. Sum of Years Digit Method - Book value at the end of the 2nd yearKindly provide a COMPLETE and CLEAR solution.AEC purchased an equipment for its manufacturing plant that costs PHP 3, 750 000 + PHP 10,000 x (01). It is estimated to have a useful life of 20 years; scrap value of PHP 375, 000, production of 12,345,678 + 15,000 x (01) units and working hours of 100,000 + 1,500 hours x (01). The company uses the equipment for 7,884 hours and produced 876,543 units on the first year and 7,883 hours and produced 987,654 units on the second year. Solve for the following: c. Service Output Method- Book value at the end of the 2nd yearA company purchased an equipment for its manufacturing plant that costs PhP 3,750,000 + 10,000(x). It is estimated to have a useful life of 20 years; scrap value of PhP 375,000, production of 12,345,678 + 15,000(x) units and working hours of 100,000 + 1,500(x) hours. The company uses the equipment for 7,884 hours and produced 876,543 units on the first year and 7,883 hours and produced 987,654 units on thesecond year. Solve for the following: x=09 Double Declining Balance Method -book value at the end of the 2nd year