Cacho Ventures Corporation purchased a factory machine of Php 51,000 on January 1, 2015. The machine's expected salvage value of Php 6,000 at the end of its 5-year useful life. During the useful life, the machine is expected to be used for 5,000 hours. The machine was used as under: Years Hours Used 2015 1,200 2016 800 2017 1,150 2018 850 2019 1,000

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Chapter1: Making Economics Decisions
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Cacho Ventures Corporation purchased a factory machine of Php 51,000 on January 1,
2015. The machine's expected salvage value of Php 6,000 at the end of its 5-year useful
life. During the useful life, the machine is expected to be used for 5,000 hours. The
machine was used as under:
Hours Used
1,200
Years
2015
2016
800
2017
1,150
2018
850
2019
1,000
Prepare Schedule of Depreciation on the basis of following methods:
• Units of Output Method
Sum of Year Digit Method
Transcribed Image Text:Cacho Ventures Corporation purchased a factory machine of Php 51,000 on January 1, 2015. The machine's expected salvage value of Php 6,000 at the end of its 5-year useful life. During the useful life, the machine is expected to be used for 5,000 hours. The machine was used as under: Hours Used 1,200 Years 2015 2016 800 2017 1,150 2018 850 2019 1,000 Prepare Schedule of Depreciation on the basis of following methods: • Units of Output Method Sum of Year Digit Method
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