A building cost P8.5 million and the salvage value is P50,000 after 23 years. The annual maintenance
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A building cost P8.5 million and the salvage value is P50,000 after 23 years. The annual maintenance cost is P85,000, cost of repair is P350,000 every 3 years. Find the capitalized cost if money is worth 14% per annum.
What does the renewal cost?
What is the capitalized cost?
Related Book For
Managerial Accounting Creating Value in a Dynamic Business Environment
ISBN: 978-0078025662
10th edition
Authors: Ronald Hilton, David Platt
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