T-SHAPE ROOF FOR BUILDING ROLL FORMING MACHINE
- Ref Price:
-
- Loading Port:
- Tianjin
- Payment Terms:
- TT OR LC
- Min Order Qty:
- 1 unit
- Supply Capability:
- 8 unit/month
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Main Teachnical Parameters
1.Material thickness: 0.2-1.0mm
2.Feeding width: 900mm
3.Effective width: 760mm
4.Forming speed: 12-16m/min
5.Diameter of the shaft: 70mm
6.Main power: 4KW
7.Forming steps: 16 steps
8.Material of shaft: 45#steel, quenched and tempered
9.Side board thickness: S18mm
10.Material of Rollers: Bearing steel
11.Driven style: by chain
12.Control system: Panasonic PLC
13.Hydraulic cutting part
i.Power: 3 KW
Material of cutter: Cr12, quenched
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- Q: 2004Jan. 1 Paid $106,600 cash plus $6,400 in sales tax for a new machine. The machine is estimatedto have a six-year life and a $9,800 salvage value.Dec. 31 Recorded annual straight-line depreciation on the machinery.2005Dec. 31 Due to new information obtained earlier in the year, the machine’s estimated useful life waschanged from six to four years, and the estimated salvage value was increased to $13,050.Recorded annual straight-line depreciation on the machinery.2006Dec. 31 Recorded annual straight-line depreciation on the machinery.Dec. 31 Sold the machine for $25,240 cash.RequiredPrepare journal entries to record these transactions and events.
- Jan. 1 Paid $106,600 cash plus $6,400 in sales tax for a new machine. The machine is estimated to have a six-year life and a $9,800 salvage value Dr Machinery $113,000 Cr Cash $113,000 Dec. 31 Recorded annual straight-line depreciation on the machinery Dr Depreciation expense $17,200 (i.e. [$113,000-$9,800]/6) Cr Accumulated depreciation $17,200 2005 Dec. 31 Due to new information obtained earlier in the year, the machine’s estimated useful life was changed from six to four years, and the estimated salvage value was increased to $13,050. Recorded annual straight-line depreciation on the machinery Dr Depn $27,583.33 Cr Accum. depn. $27,583.33 (Nbv of $95,800 - 13,050 divided by 3 remaining yrs) 2006 Dec. 31 Recorded annual straight-line depreciation on the machinery Dr Depn $27,583.33 Cr Accum. depn. $27,583.33 (Nbv is now $113,000 - $17,200 - $27,583.33 - $27,583.33 = $40,633.34) Dec. 31 Sold the machine for $25,240 cash Dr Cash $25,240 Dr Loss on disposal of machinery $15,393.34 Dr Accum. depn. $72,366.66 Cr Machinery $113,000
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- use S = P((1+i)^n-1)/i 275000 = 20000((1+i)^12 -1)/i ((1+i)^12-1)/i = 275000/20000 = 13.75 this can't be solved analytically as it is a polynomial of degree 12 feeding into wolfram alpha, i ≈ 0.0244147= 2.4415% now remember that this is the rate adjusted for periodicity, so interest rate needed = 4.883% <-------- check: --------- 20,000((1+0.04883/2)^12-1) /(0.04883/2) = $275000.48
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T-SHAPE ROOF FOR BUILDING ROLL FORMING MACHINE
- Ref Price:
-
- Loading Port:
- Tianjin
- Payment Terms:
- TT OR LC
- Min Order Qty:
- 1 unit
- Supply Capability:
- 8 unit/month
OKorder Service Pledge
Quality Product, Order Online Tracking, Timely Delivery
OKorder Financial Service
Credit Rating, Credit Services, Credit Purchasing
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