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How should feno bhd account for the impairment loss

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Reference no: EM132538166

Question 1: Feno Bhd considers a restructuring plan to commit a disposal of one of its plant and its financial implication. The carrying amount of the plant is RM688,800. The plant's value in use before the reclassification is RM660,000. Feno expects the fair value of the plant is RM680,000 while its cost to sell is RM25,000. Determine how should Feno Bhd account for the impairment loss for the plant?

Reference no: EM132538166

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