enginnering economy
ME BOARD APRIL 1998
A machine has an initial cost f P50000 and a salvage value of P10000 after 10 years. What is the book value after five years using straight line depreciation?Ans. P30000
ME Board April 1998
An asset is purchased for P500000. The salvage value in 25 years is 100000. What are the the depreciations in the first three years using straight line method?Ans. P48000
CE Board Nov 1997
The cost of equipment is P500000 and the cost of installation is P30000.If the salvage value is 10% of the cost of equipment at the end of 5 years, determine the book value at the end of the fourth year.use straight line method.Ans. P146000
ECE Board Nov 1999
A machine costs P8000 and an estimated life of 10 years with a salvage value of 500. What is the book value after 8 years using straight line method?Ans. P2000
An engineer bought an equipment for P500000. He spent an additional amount of P30000 for installation and other expenses. The salvage value is 10% of the first cost. If the book value at the end of 5 years will be 291500 using straight line method of depreciation, compute the useful life of the equipment in years? Ans 10 years
ME Board April 1992
A unit of welding machine cost P45000 with an estimated life of 5 years.Its salvage value is P2500 find its depreciation rate of sinking fund method. Assuming that will deposit the money to a bank giving 8.5%. Solve for the depreciation.Ans. 7172.54
EE board April 1980
A equipment cost p10000 with a salvage value of P500 at the end of 10 years. Calculate the annual depreciation by sinking fund method at 40% interest.
CHE Board Oct 1980
A 110000 chemical plant had an estimated life of 6 years and a projected scrap value of P10000. After 3 years made it a total loss . How much money would have to be raised to put up a new plant costing P150000, if a depreciation reserved has been maintained during its 3 years of operation by sinking fund method 6%.104359
ME board Sept 1971
A dump truck was bought for 30000 six years ago. It will have a salvage value of P3000 four years from now. It is sold now for P8000. What is the sunk cost if the depreciation method used is sinking fund method at 6%. 7712
CE Board 1999
The corporation purchased a machine for P1 million. Freight and installation charges amounted to 3% of the purchased price. If the machine shall be depreciated over a period of 8 years with a salvage value of 12% of the first cost. Determine the depreciation charged during the 5th year using the SYD method.100711
ME Board April 1998
An Asset is purchased for P9000. Its estimated life is 10 years, after which it will be sold for P1000. Find the book value during the third year if SYD depreciation is used.5072
ECE Board 1998
ABC corporation makes its policy that for every new equipment purchased the annual depreciation cost should not exceed 20% of the first cost at anytime without salvage value. Determine the length of service if the depreciation used is the SYD method.9 years
ME board April 1996
An asset is purchased for 120000. Its estimated life is 10 years after which it will be sold for 12000. Find the depreciation for the second year using the SYD method.17673
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