Quarterly report pursuant to Section 13 or 15(d)

PLANT AND EQUIPMENT

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PLANT AND EQUIPMENT
9 Months Ended
Aug. 31, 2014
PLANT AND EQUIPMENT [Text Block]
4.

PLANT AND EQUIPMENT

   
 

Plant and equipment are recorded at cost less accumulated depreciation. Depreciation is provided commencing in the month following acquisition using the following annual rate and method:


  Computer equipment 30% declining balance method
  Furniture and Fixtures 30% declining balance method
  Leasehold Improvements   straight line over period of lease
  Moulds 20% straight line over 5 years

      August 31, 2014     November 30, 2013  
            Accumulated           Accumulated  
      Cost     Amortization     Cost     Amortization  
      $     $     $     $  
  Computer equipment   37,573   $ 32,686     37,573     31,267  
  Furniture and fixtures   18,027     14,911     18,027     14,006  
  Leasehold Improvements   23,721     12,377     23,721     10,057  
  Moulds   209,515     72,662     171,890     43,744  
      288,836     132,636     251,211     99,074  
                           
  Net carrying amount         $ 156,200          $ 152,137  
                           
  Depreciation expense         $ 33,563
(9 months)
         $

38,130
(12 months)