About po sa Problem sa last part yung 360k po kasi yung tinuro ng professor ko po. Pareho lang po kasi yung problem ang magkaiba lang yung amount lang po. Ang ginawa po process nung pag kuha ng depreciation 1.6M/25k (12mos) = 5.33 nalito po kasi ako kasi hindi niyo na minultiply sa 12mos.?
Depletion charged is the total computed depletion. Depletion expense is the one attributable to sold inventories. Some depletion charged stay in the inventory for those that are not yet sold.
Ask ko lng po dun sa illustrative example bakit hindi ginamit yung output method in depreciating the equipment dun sa case na mas shorter yung wasting asset life ni equiptment? ty po
B po mas short po ang useful life ng WA so gamitan po ng output method instead of the straight line method of depreciation and yung 240 000 na allocated sa land serves as the land value, hence, the residual value :)
Since the equipment will be of no use after, we use the SHORTER of useful life or the life of the wasting asset. Useful life is 8 years while life of wasting asset is 1,600,000 tons/25,000 tons = 64 months or 5 years and 4 months. So the computation is 3,960,000 less residual value 120,000 = 3,840,000 3,840,000 / 64 months x 6 months = 360,000
Kasi diba 500,000 units daw nabenta for year 2. So yung 200,000 units na unsold nung year 1 is ang una ibebenta. Then yung 300,000 is yung 500,000 - 200,000. Parang FIFO kasi we need to separate since iba iba ang depletion rate per year.
Hello po, How to know po if ang useful life ay mas shorter than the WA? Pwede po bang magtanong how to get the depreciation sa problem po which is 360k? Thank you po and Happy new year! 🤗
Yes correct. Kaya ang computation ganito. 7,920,000 - 240,000 = 7,680,000 / 1,600,000 tons = 4.8/ton During the year naproduce ay 25,000 x 6 months = 150,000 tons 150,000 x 4.8 = 720,000
@@SirAJCresmundo hello po. Question lang po. What if 25,000 PER YEAR yung extract niya i divide po ba sya sa 6 months since July sya nag start? Or just the same lang na multiply by 6?
Thank you sir. Actually topic namin to ngayon. I'm a 2nd year Accounting student.
Glad to be of help. God bless sa studies!
About po sa Problem sa last part yung 360k po kasi yung tinuro ng professor ko po. Pareho lang po kasi yung problem ang magkaiba lang yung amount lang po. Ang ginawa po process nung pag kuha ng depreciation 1.6M/25k (12mos) = 5.33 nalito po kasi ako kasi hindi niyo na minultiply sa 12mos.?
Naging 3,840,000/64×6 mos. Bakit po ganun yung pagkuha ng depreciation sa problem niyo po??
Ty sir, kanina ko pa binibinge watch ung channel mo .
It is such a great help po. Thankyou ❤️
You are welcome!
What's the difference in calculating between Depletion charged during the period and Depletion expense during the period?
Depletion charged is the total computed depletion.
Depletion expense is the one attributable to sold inventories. Some depletion charged stay in the inventory for those that are not yet sold.
Thank you Sir.
Ask ko lng po dun sa illustrative example bakit hindi ginamit yung output method in depreciating the equipment dun sa case na mas shorter yung wasting asset life ni equiptment? ty po
yun pong requirement C.
B po
mas short po ang useful life ng WA so gamitan po ng output method instead of the straight line method of depreciation and yung 240 000 na allocated sa land serves as the land value, hence, the residual value :)
Very good! Tama!
Hello Sir! Saang review center po kayo nag tuturo?
Hello! Hindi ako nagtuturo sa any review center.
Sir sana mag upload din po kayo ng lectures about MAS 🙏😊
sir pwede po ba magrequest?? investments in associates po sana
Sige will make one sa weekend. :)
@@SirAJCresmundo salamat po sir hindi ko po kasi gaanong gets yung paliwanag ng teacher namin kasi more on theories po pinaliwanag niya :((
can you actual solving po para makasabay kami sir ? thanks
Pano po nakuha yung 360000?
Since the equipment will be of no use after, we use the SHORTER of useful life or the life of the wasting asset.
Useful life is 8 years while life of wasting asset is 1,600,000 tons/25,000 tons = 64 months or 5 years and 4 months.
So the computation is 3,960,000 less residual value 120,000 = 3,840,000
3,840,000 / 64 months x 6 months = 360,000
Pano po nakuha 360k sa B?
pano po nakuha ung 300,000 na cost of sales year 2
Kasi diba 500,000 units daw nabenta for year 2. So yung 200,000 units na unsold nung year 1 is ang una ibebenta. Then yung 300,000 is yung 500,000 - 200,000. Parang FIFO kasi we need to separate since iba iba ang depletion rate per year.
Hello po, How to know po if ang useful life ay mas shorter than the WA? Pwede po bang magtanong how to get the depreciation sa problem po which is 360k?
Thank you po and Happy new year! 🤗
Usually given. But if not compute ilang years mauubos ang resources.
@@SirAJCresmundo Thank you po 🤗
@@harveymanguray7677 Hoy 😂
Kahawig niyo po at kaboses si Juan Miguel Severo sa video niyo hahaha jkjk.
Talaga ba! Salamat! I would take it as a compliment. Idol ko si Juan Miguel!
Hello po. pwede po ba makahingi ng copy ng ppt?
Yes sure. Just message me sa socmed accounts ko.
Message sent sir. Kindly accept the mrssage request po. Thank you
Hello sir. Nagpm ako
0:19 paano kung di pa ready. ;_;
Ohhhh in time! Kaya lang yan!
Question lang po. Bakit po 720,000 Depletion? Half year lang po siya nag simula diba po?
Yes correct. Kaya ang computation ganito.
7,920,000 - 240,000 = 7,680,000 / 1,600,000 tons = 4.8/ton
During the year naproduce ay
25,000 x 6 months = 150,000 tons
150,000 x 4.8 = 720,000
@@SirAJCresmundo hello po. Question lang po. What if 25,000 PER YEAR yung extract niya i divide po ba sya sa 6 months since July sya nag start? Or just the same lang na multiply by 6?
B sir
Very good!
B.
Correct!
B
Very good! Tama! 👍