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A machine is purchased for rs. 250000 on 1.1.2010. it can produce 30000 units during its useful life and its estimated scrap value is rs. 10000. pattern of production over the next 4 years is as follows : 2010-6250 units 2011-2275 units 2012-12000 units 2013-3452 units. find the wdv of the machine after 3rd year?
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A machine is purchased for rs. 250000 on 1.1.2010. it can produce 3000...
Calculation of WDV of the Machine after 3rd Year


Given Information:



  • Cost of the machine = Rs. 2,50,000

  • Estimated scrap value = Rs. 10,000

  • Total production capacity = 30,000 units

  • Pattern of production over the next 4 years:


    • 2010 - 6,250 units

    • 2011 - 2,275 units

    • 2012 - 12,000 units

    • 2013 - 3,452 units




Solution:



  • Depreciation per unit = (Cost of the machine - Estimated scrap value) / Total production capacity

  • Depreciation per unit = (2,50,000 - 10,000) / 30,000 = Rs. 8.33

  • Total depreciation for each year can be calculated by multiplying the depreciation per unit with the units produced in that year

  • Total depreciation for 2010 = 6,250 x 8.33 = Rs. 52,062.50

  • Total depreciation for 2011 = 2,275 x 8.33 = Rs. 18,935.75

  • Total depreciation for 2012 = 12,000 x 8.33 = Rs. 99,960

  • WDV of the machine after 3rd year = Cost of the machine - Total depreciation for first 3 years

  • WDV of the machine after 3rd year = 2,50,000 - (52,062.50 + 18,935.75 + 99,960) = Rs. 79,041.75



Conclusion:


The WDV of the machine after 3rd year is Rs. 79,041.75.
Community Answer
A machine is purchased for rs. 250000 on 1.1.2010. it can produce 3000...
Wdv of the machine after 3rd year is 75800.
1st year depreciation = 6250/30000*(250000 - 10000)= 50000
2nd year depreciation = 2275/30000*(250000 - 10000) = 18200
3rd year depreciation = 12000/30000*(250000 - 10000) = 96000
wdv = 240000 - (50000+18200+96000)
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A machine is purchased for rs. 250000 on 1.1.2010. it can produce 30000 units during its useful life and its estimated scrap value is rs. 10000. pattern of production over the next 4 years is as follows : 2010-6250 units 2011-2275 units 2012-12000 units 2013-3452 units. find the wdv of the machine after 3rd year?
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A machine is purchased for rs. 250000 on 1.1.2010. it can produce 30000 units during its useful life and its estimated scrap value is rs. 10000. pattern of production over the next 4 years is as follows : 2010-6250 units 2011-2275 units 2012-12000 units 2013-3452 units. find the wdv of the machine after 3rd year? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A machine is purchased for rs. 250000 on 1.1.2010. it can produce 30000 units during its useful life and its estimated scrap value is rs. 10000. pattern of production over the next 4 years is as follows : 2010-6250 units 2011-2275 units 2012-12000 units 2013-3452 units. find the wdv of the machine after 3rd year? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A machine is purchased for rs. 250000 on 1.1.2010. it can produce 30000 units during its useful life and its estimated scrap value is rs. 10000. pattern of production over the next 4 years is as follows : 2010-6250 units 2011-2275 units 2012-12000 units 2013-3452 units. find the wdv of the machine after 3rd year?.
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