ABZ & Company purchased a factory machine of Php. 51,000 on January 1, 2015. The machine is expected to have a 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, solve using straight-line method:

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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ABZ & Company purchased a factory machine of Php. 51,000 on January 1, 2015. The machine is expected to have a 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, solve using straight-line method:

Years
2015
2016
2017
2018
2019
Hours used
1,200
800
1,150
850
1,000
Transcribed Image Text:Years 2015 2016 2017 2018 2019 Hours used 1,200 800 1,150 850 1,000
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