В
С
D
$64,000
$61,000
$55,000
7.11 A manufacturing company receives an invoice on 29 February 20x2 for work done on one of its
d
acquisition and disposal.
By what amount will the profit for the year to 30 June 20x2 be understated?
A
(2 mark
B
С
D
$19,125
$25,500
$23,375
$21,250
for $80,000. The installation costs
machines. $25,500 of the cost is actually for a machine upgrade, which will improve efficiency. The
accounts department do not notice and charge the whole amount to maintenance costs. Machinery is
depreciated at 25% per annum on a straight-line basis, with a proportional charge in the years of
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