Peter pays 5000 for a factory machine
WebNoor Bakhat & Company purchased a factory machine of Rs. 51,000 on January 1, 2015. The machine is expected to have a salvage value of Rs. 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: Required: WebPeter purchased a machine for Rs. 80,000 and spent Rs. 5000 on repair and Rs. 1000 on transport and sold it with 25% profit. At what price did he sell the machine? A Rs. 1,05,100 …
Peter pays 5000 for a factory machine
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Webf10 Peter pays £5000 for a factory machine. The value of the machine depreciates at a rate of x% per annum. At the end of 6 years the value of the machine is £3493.62 Calculate the … WebThe property contains an old warehouse that is removed at a net cost of $6,000 ($7,500 in costs less $1,500 proceeds from salvaged materials). Additional expenditures are for the attorney's fee $1,000 and the real estate broker's commission $8,000. cost of land = $100,000 + 6000 + 1000 + 8000 = $115,000 DR Land 115,000 CR Cash 115,000
7 Peter pays £5000 for a factory machine. The value of the machine depreciates at a rate of x% per annum. At the end of 6 years the value of the machine is £3493.62 Calculate the value of x. Give your answer correct to 1 decimal place. Question Gauthmathier9958 Grade 11 · 2024-07-10 Good Question (130) Gauth Tutor Solution Stella WebA plant asset was purchased on January 1 for $75,000 with an estimated salvage value of $15,000 at the end of its useful life. The current year's depreciation expense is $5,000 …
Web1. apr 2024 · A machine costing $257,500 with a four-year life and an estimated $20,000 salvage value is installed in Luther Company’s factory on January 1. The factory manager … Web23. mar 2024 · peter pays £5000 for a factory machine. the value of the machine depreciates at a rate of x% per annum. at the end of 6 years the value of the machine is …
WebThe machine's useful life is estimated at 10 years, or 385,000 units of product, with a $5,000 salvage value. During its second year, the machine produces 32,500 units of product. …
WebCreated Date: 11/5/2015 12:10:56 PM the power of selfWebc. lost sales resulting from the inefficient existing machine. d. $400,000 cost of the new machine. ANS: A. Refer to Richmond Steel Corporation. The $80,000 market value of the existing machine is a. a sunk cost. Emerald Corporation has been manufacturing 5,000 units of Part 10541, which is used in the manufacture of one of its products. the power of seedWebP100, 000, plus 24 monthly payments of P50, 000 each, for total cash payments of P1, 300,000. The cash equivalent price of the machinery was P1, 100,000. The machinery has an estimated useful life of 10 years and estimated residual value of P50, 000. Lem uses straight line depreciation. In its 2010 income siesta key resorts all inclusiveWeb1. nov 2024 · Wondering how much it costs to start a factory business? The minimum startup costs for a factory business: $2,254 The maximum startup costs for a factory business: $37,876 The average startup costs for a factory business: $19,815 Here's a detailed list of a factory business startup costs: Learn more about starting a factory … the power of servant leadershipWebWorkers assembling the tables are supervised by a factory supervisor who is paid $38,000 per year. 4. Electrical costs are $2 per machine-hour. Four machine-hours are required to produce a table. 5. The depreciation on the machines used to make the tables totals $10,000 per year. The machines have no resale value and do not wear out through use. 6. the power of scripture elder scottWebHGS Maths - Home siesta key restaurants that take reservationssiesta key resorts private pool