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

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Accounting

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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

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