Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. manufekterer company is a middle size manufacturin

Manufekterer Company is a middle size manufacturing company located at Jalan Kelang. The company just...

80.2K

Verified Solution

Question

Accounting

image
Manufekterer Company is a middle size manufacturing company located at Jalan Kelang. The company just purchased an intelligent robot for its manufacturing line for RM540000 from Germany. The RM540000 inclusive of the transportation cost of RM46000 and import duty cost of RM104000. Since the robot is unique in its capabilities, the company has to pay RM50000 to an expert to specially train its staff on how to operate the robot. In addition the company spends RM16000 per year in the maintenance and operation of the robot. The robot is expected to be used for 4 years with an estimated salvage value of RM110000 at the end of its useful life. Format: 750000 Format : 650000 a) Determine the cost basis of the robot purchased. b) Straight Line depreciation method. Determine the DEPRECIATION at Year 3 c) Straight Line depreciation method. Determine the BOOK VALUE at Year 3 d) 150% Declining Balance method. Determine the DEPRECIATION expense at Year 3 e) 150% Declining Balance method. Determine the BOOK VALUE at Year 3 Format : 350000 Format : 44234 Format : 620645

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

In a survey of 517 music teachers, 403 said that the video games Guitar Hero and...

Biology
1.2K views

The partial pressure of oxygen in the lung alveoli is a bit lower than in ambient...

Basic Math
1.2K views

Dentists make many people nervous. To see whether such nervousness elevates blood pressure, the blood pressure...

Physics
1.2K views

0 Consider the two statements related to circular motion in usual notations A In uniform...

Basic Math
1.2K views

5 75 your answer as an exact quantity using only a single radical

Basic Math
1.2K views

Mary Jarvis is a single individual who is working on filing her tax return for...

Algebra
1.2K views

If T P3 R M2x2 R is the linear mapping defined by Then a Rank...

Accounting
1.2K views

A company's Inventory balance at the end of the year was $192,500 and $205,000 at...

Accounting
1.2K views

You have a new job as a Financial Planning assistant. Your client wants to invest...

Accounting
1.2K views

Ruben Company compr $100,000 en bonos de Evans Company a 100 ms $1,500 en intereses...

Accounting
1.2K views

Dollar-Value LIFO Retail Estimates of price-level changes for specific inventories are required...

Accounting
1.2K views

Exercise 21-2 (Algo) Determine cash paid to suppliers of merchandise (LO21-3, 21-6) Shown below in...