AutoSave OFF w= 1FU251_Case_study [14] Saved to my Mac Home Insert Draw Design Layout References Mailings Review View Tell me Calibri (Bo... 12 A A Aa v Z Paste BIU ab A D Page 1 of 2 803 words English (United Kingdom) 1FU251 Case study Comments Editing Share AaBbCcDdEe Normal AaBbCcDdEe No Spacing AaBbCcDc AaBbCcDdEe AaBb( AaBbCcDdEe > Heading 1 Heading 2 Title Subtitle Styles Pane Dictate Sensitivity Editor The company Ski4kids produces children's skis. Skis are ordered via e-shop and delivered to end customers by courier. The company does not incur any receivables from this business, everyone pays on delivery or even in advance. The company uses a classification of expenses by function and is divided into 3 divisions within the company structure: Production, Administration and Distribution (Selling). From 1 tonne of plastic, 100 pcs of ski sets are produced using a 3D printer. Before finishing, each ski set (1 pair of skis) is treated with a protective varnish. 0.1 Kg of varnish is used for each ski set. The company owns the following types of non-current assets as of 1 January 2020: Personal car 05. 05. 2019 3D printer 08.08.2016 + Asset Building Date when the asset was put in use 14. 8. 2011 The purchase price (CZK) 18 000 000 1 100 000 12 000 000 Directly attributable costs (CZK) 3 000 000 The residual value (CZK) 200 000 Useful life/capacity 30 years 120 000 km 15 000 ski sets Asset utilisation by division: Production 70% 0% Administration 20% Distribution 10% 0% 100% 100% 0% 0% Internal regulations on non-current assets: Non-current assets are depreciated from the month following the month when they were put in use. The building is depreciated over its estimated useful life using straight-line depreciation method. The 3D printer and the personal car are depreciated using units-of-activity method. The estimated total capacity of the 3D printer is 15 000 ski sets (as of 31 December 2019, the 3D printer has produced 5 000 ski sets). The personal car has driven 14 000 kilometres in 2019. The estimated total capacity of car is 120 000 km. Other internal regulations: The company's accounting period is the calendar year. The company uses a classification of expenses by function. The FIFO method is used for the valuation of finished goods and inventory of materials for production. Accessibility: Investigate Focus E + 155%