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Q14. For November 2018, CUBA Ltd., a MSWbased company, has provided the following information: Monthly payment summary related to directors and senior managers: Oliver Jacob

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Q14. For November 2018, CUBA Ltd., a MSWbased company, has provided the following information: Monthly payment summary related to directors and senior managers: Oliver Jacob Isabella Directorfees l 25,.00000 ' I I l Consultancy fees I . l 10 000. 00 i . I Salary 9,500.00 8 500. 00 Private use of company car\" Volvo Mazda Honda 30 days 20 days 30 days Private use of company car Employee 500. 00 100. 00 250.00 contribution g . 4 ! Overnight accommodation allowance |_ 200. 00_l _._ 350. 00+ 300. 00 Superannuation 902. so ' 2 3?5. 00l 1 r5150 _l Extra super contribution pretax 600.00: _l_ 325 8.3l_l Extra super contribution posttax : I ' 300.00_,l Meal entertainment expense reimbursement ' 100.00;_ 50.00_l_ _l Dry cleaning allowance (business suits] 5 1100.00;_ ' 150.00 _| Total {except for use of company car) I 12,402.50 27375.00 21,333.33 : *The company applies statutory method to all car fringe benefit calculations. All gures in the table above are separate amounts, i.e. no figures are included in one another. The company's asset register has the following information regarding the cars used by the above directorsfsenior managers. Car Model Base value W W

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