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WhatsAppGet PriceGet A QuoteTranscribed Image Text. Four years ago, an ore-crushing unit was installed at a mine which cost P81,000. Annual operating costs for this unit are P3,540. This unit was estimated to have a life of 10 years. The quantity of ore to be handled is to be doubled and is expected to continue at this higher rate for at least 10 years.
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WhatsAppGet PriceGet A QuoteUsing the straight-line method, depreciation for 2019 and the equipment''s book value at December 31, 2019, would be: A) $14,400 and $43,200 respectively. B) $28,800 and $37,200 respectively.
WhatsAppGet PriceGet A QuoteThe depreciation rate is the annual depreciation amount / total depreciable cost . In this case, the machine has a straight-line depreciation rate of $16,000 / $80,000 = 20%. What is the useful life of furniture? Typically, the useful life of an asset fits somewhere within the follow ranges: Cars and automotive equipment: 3-6 years.
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WhatsAppGet PriceGet A QuoteA dry nickel ore was crushed and screened when 99% of the ore passed 12.5 mm screen. A complete screen analysis showed that the liberation size was 75 μm. Bond’s grindability standard rod mill test showed a constant 12.6 g per revolution. The ore had to be ground in wet rod mills at the rate of 2400 t/day. Estimate the work index if the 1.
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WhatsAppGet PriceGet A QuoteFor equipment that works very few hours per day, the derived equipment lives may be very long and local conditions should be checked for the reasonableness of the estimate. 3.3.3 Salvage Value (S) This is defined as the price that equipment can be sold for at the time of its disposal. Used equipment rates vary widely throughout the world.
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