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QueSLUI UV PUNILS Page 1: 1 2 3 Alpha Limited who's financial year ends on 31 December supplies you with the following information that relates
QueSLUI UV PUNILS Page 1: 1 2 3 Alpha Limited who's financial year ends on 31 December supplies you with the following information that relates to machinery with an expected life of 5 years. Cost price of machinery (1 January 2017) R280 000 Estimated statistics for the following five year: 4 5 6 YEAR 2017 2018 2019 2020 2021 PRODUCTION IN UNITES 25 000 24 000 18 000 14 000 9 000 RESIDUAL VALUE 30 000 30 000 130 000 10 000 10 000 7 REQUIRED Calculate the amount of depreciation that must be written off in each of the following five years, according to the fellowing three methods: a. Diminishing-balance method (Assume a rate of 25 % p.a.) b. Units-of-production method C. Sum-of-the digits method Note: All calculations must be rounded to the nearest Rand. Enter only numbers, no space, comma, full-stop or +- .../7 C 17C 6 6. do ENG #4 14:20 2022/04/11
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