PRINCIPLES AND METHODS OF TEACHING (Biological Assets)

1. How much is the total amount of Biological Assets? Bearer plants Php2.5M ; Consumable plants Php1M; Bearer animals Php1.5M; Consumable animals Php1.250M; Animals related to recreational activities Php900k; Agricultural produce growing on bearer plants Php750k; Agricultural produce harvested Php600k; Agricultural Land Php3M.*

A. 3,500,000

B. 4,500,000

C. 6,000,000

D. 7,000,000

2. How much is the total amount of property, plant, and equipment? Bearer plants Php2.5M ; Consumable plants Php1M; Bearer animals Php1.5M; Consumable animals Php1.250M; Animals related to recreational activities Php900k; Agricultural produce growing on bearer plants Php750k; Agricultural produce harvested Php600k; Agricultural Land Php3M.*

A. 5,500,000

B. 7,000,000

C. 6,400,000

D. 7,900,000

3. ABC Company has the following assets: Maize plant P20,000 ; Logs P6,000 ; felled trees P5,000 ; Milk P3,000 ; Wool P1,000 ; Cheese P10,000 ; Sausages P3,500 ; Bearer Plants P40,000 ; Bearer Animals P25,000 ; Animals related to recreational activities P120,000 ; Freestanding trees P60,000 ; Land under trees P250,000 ; Harvested latex P45,000 ; Picked apples P35,000 ; Apples growing on apple trees P70,000 ; Grapes growing on grape vines P15,000 ; Mango pies P90,000. How much is the total biological assets?*

A. 165,000

B. 190,000

C. 268,000

D. 279,000

4. ABC Company has the following assets: Maize plant P20,000 ; Logs P6,000 ; felled trees P5,000 ; Milk P3,000 ; Wool P1,000 ; Cheese P10,000 ; Sausages P3,500 ; Bearer Plants P40,000 ; Bearer Animals P25,000 ; Animals related to recreational activities P120,000 ; Freestanding trees P60,000 ; Land under trees P250,000 ; Harvested latex P45,000 ; Picked apples P35,000 ; Apples growing on apple trees P70,000 ; Grapes growing on grape vines P15,000 ; Mango pies P90,000. How much is total agricultural produce?*

A. 89,000

B. 115,000

C. 218,500

D. 279,000

5. ABC Company has the following assets: Maize plant P20,000 ; Logs P6,000 ; felled trees P5,000 ; Milk P3,000 ; Wool P1,000 ; Cheese P10,000 ; Sausages P3,500 ; Bearer Plants P40,000 ; Bearer Animals P25,000 ; Animals related to recreational activities P120,000 ; Freestanding trees P60,000 ; Land under trees P250,000 ; Harvested latex P45,000 ; Picked apples P35,000 ; Apples growing on apple trees P70,000 ; Grapes growing on grape vines P15,000 ; Mango pies P90,000. How much is total inventory?*

A. 0

B. 54,500

C. 100,000

D. 109,500

6. ABC Company has the following assets: Maize plant P20,000 ; Logs P6,000 ; felled trees P5,000 ; Milk P3,000 ; Wool P1,000 ; Cheese P10,000 ; Sausages P3,500 ; Bearer Plants P40,000 ; Bearer Animals P25,000 ; Animals related to recreational activities P120,000 ; Freestanding trees P60,000 ; Land under trees P250,000 ; Harvested latex P45,000 ; Picked apples P35,000 ; Apples growing on apple trees P70,000 ; Grapes growing on grape vines P15,000 ; Mango pies P90,000. How much is total property, plant, and equipment?*

A. 346,000

B. 410,000

C. 435,000

D. 466,000

with solution please. Thanks