1

MH Frozen Food purchased a deep freezer from Indonesia, TX-200 on 2019. The cost of the freezer is RM 310,000. The price of the freezer excluded insurance fees, RM 1 ,500, duty tax, RM 1 ,300 and transportation costs RM 3,200. MH Frozen Food estimate the useful life of the freezer is 12 year, salvage value is RM 10,000 and depreciation rate is 10% on book value. Find the book value of the deep freezer at the end of year 4.

Question 2

Menang Cooking Supplier order two item Magic Air Fryer X (MAFX-202) and Pressure Cooker PX-OOI (PCX-111) from RITA Factory for upcoming month's promotion. Below are detail price for both product:-

Product	Price RM		Term and conditions
Magic Air Fryer X (MAFX-202)	705.00/unit	Any purchase 50 unit and above, vendor will et discount 10%
Pressure Cooker PX-OOI (PCX-111)	205.00/unit	Any purchase 75 unit and above, vendor will et discount 8%

In order to increase their sales, RITA Factory offer to all their customer, that any cash sales will enjoy additional 5% discount. Menang Cooking Supplier buys 100 units of MAFX-202 and 80 units of PCX-III and pay all the purchases on cash basis. Find the total amount Menang Cooking Supplier need to pay to RITA Factory.