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Instruction: Fill in the blanks. Do not use thousand seperator, use 2 decimal places only An ice machine was purchased for Php250,000 with a residual
Instruction: Fill in the blanks. Do not use thousand seperator, use 2 decimal places only An ice machine was purchased for Php250,000 with a residual value of Php50,000 and a life of 1,500 tonnes. What is its depreciation expense per unit? During the period of March to May, the machine peroduced 50 tonnes of ice. What is the units-of- production depreciation during the said period? Cost 250000 Residual 50000 Life in units 1500 Depr Exp per Unit Units Exposed 50 Depreciation Exp Instruction: Fill in the blanks. Do not use thousand separator, use 2 decimal places only A photocopy machine was purchased for Php75,000 with a lifetime of 5 years and has a residual value of Php5,000. For a five year straight-line depreciation schedule, what is the asset's depreciation expense per year? Cost 75000 Residual 5000 Life Dep Exp per Year
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