FAC3702 ASSIGNMENT 1 UNISA 2026

FAC3702 ASSIGNMENT 2 – SEMESTER 2 OF
2018
2 000 000
1. 3 [1 900 000 − {2 000 000 − ( )] = 𝟏𝟎𝟎 𝟎𝟎𝟎
10


2. 3

R
1 900 000 1 477 778
Carrying amount [1 900 000 − ( ∗ 2)
9


Fair value less costs to sell (1 200 000 − 45 000) 1 155 000

Value in use
N=7
I = 12
PMT = -200 000
PV = 912 751 912 751


Recoverable Amount (higher of value in use and fair value 1 155 000
less costs to sell)

Carrying amount (recoverable amount since it is lower than 1 155 000
the carrying amount)


3. 2 [2 000 000 − (2 000 000 ∗ 5% ∗ 3) = 𝟏 𝟕𝟎𝟎 𝟎𝟎𝟎

4. 5

5. 1

Salaries = (50 000 ∗ 8) = 𝟒𝟎𝟎 𝟎𝟎𝟎
Capitalised = (50 000 ∗ 2) = 𝟏𝟎𝟎 𝟎𝟎𝟎

3
6. 2 (81 250 ∗ ) = 𝟏𝟖 𝟕𝟓𝟎
13


7. 3

(25 000 − 4 000) 8
2016 Research costs = ( 2
∗ 12
) = 𝟕 𝟎𝟎𝟎