Muallim Construction Berhad is a sustainable builder and renewable energy engineering, procurement and construction contractor. As businesses increasingly integrate social and environmental concerns in their business operation, the energy providers look for ways to produce affordable and sustainable energy in the long-term. The company has been awarded with RM8,500,000.00 solar plant construction to be completed over a period of three years. The contract commenced on 1 January 2016 and the following information is available as at 31 December 2016. Costs RM Materials issued to site 725,000.00 Materials transferred out to another site 10,500.00 Materials on site not yet used 55,000.00 Wages paid 450,000.00 Supervisory staff: indirect 65,000.00 Plant in use on site, at cost 150,000.00 Head office charges 125,000.00 Cost of work not yet certified 95,000.00 Additional information is available: Accrued wages amounted to RM29,500.00. Accrued supervisory staff amounted to RM4,500.00 The plant is estimated to last the life of the contract and no residual value is expected. The company uses the straight-line method of depreciation. Muallim Construction Berhad has received payment of RM2,500,500.00 which represents work certified as completed by the architects as at 31 December 2016, less a 10% retention money. REQUIRED: Prepare the Contract Account for the period showing the amount to be included in the construction company's profit and loss account. [12 Marks B. Alora Fleet Transport Company is one of the leading transportation companies in Malaysia and has a complete network of delivery vehicles ready to move across the region. With over 20 years of experience in the fleet transportation industry, Alora provides services to the construction, petroleum, and renewable fuels industries. The company operates a fleet of 25 vehicles. The information below is related to the annual operating expenditure for the 25 vehicles: The cost of the vehicles is RM4,250,000.00. It has been estimated that the useful life of the vehicles is 5 years with a disposal value of RM10,500.00 per vehicles. The company uses the straight-line method of depreciation. The road tax and insurance incurred is RM3,500.00 per vehicle. For every 50,000 kilometres, the tyres need to be replaced at a cost of RM350.00 per tyres. Every vehicle has 8 tyres. For every 25,000 kilometres, the vehicles need to be serviced which costs the company RM650.00 per vehicle. The consumption of the fuel is calculated based on 1 litre per 3 kilometres. The cost per litre is RM2.20. On average, each vehicle travels for 85,000 kilometres in a year. The monthly wages paid to each driver is RM2,500.00 REQUIRED: Determine the total vehicle operating cost per kilometre (rounded to two decimal places of RM). [8 Marks]