Answer the questions from the information provided. (20 Marks) 3.1 Use the information provided below to...
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Answer the questions from the information provided. (20 Marks) 3.1 Use the information provided below to calculate the following independently Break-even quantity (15 marks) 3.1.1 (4 marks) 3.1.2 Margin of safety (in Rands) (3 marks) (4 marks) 3.1.3 The total Marginal Income and Net Profit (Loss), if the selling price is reduced by 10%. The selling price per unit that will enable the company to achieve a net profit of R480 000. 3.1.4 (4 marks) INFORMATION Seata Lid manufactures chairs The following information was extracted from the budget for the month ended 31 March 2022 Sales 5 000 units Selling price per unit R300 3.2 3.2.1 3.2.2 INFORMATION Seata Ltd manufactures chairs. The following information was extracted from the budget for the month ended 31 March 2022 Sales 5 000 units Selling price per unit R300 Variable manufacturing cost per unit R105 Manufacturing overheads (all fixed) R240 000 Selling costs 25% of sales Administrative costs (all fixed) R300 000 (5 marks) (2 marks) Use the information provided below to answer the following questions: How much more can the company spend on salaries and still break even? Calculate the sales value that is required to earn a net profit of R500 000. (3 marks) INFORMATION The following information provided by Montana Ltd, which manufactures only one product, is available: Fixed costs R600 000 Sales R2 500 000 Variable costs R1 500 000 Answer the questions from the information provided. (20 Marks) 3.1 Use the information provided below to calculate the following independently Break-even quantity (15 marks) 3.1.1 (4 marks) 3.1.2 Margin of safety (in Rands) (3 marks) (4 marks) 3.1.3 The total Marginal Income and Net Profit (Loss), if the selling price is reduced by 10%. The selling price per unit that will enable the company to achieve a net profit of R480 000. 3.1.4 (4 marks) INFORMATION Seata Lid manufactures chairs The following information was extracted from the budget for the month ended 31 March 2022 Sales 5 000 units Selling price per unit R300 3.2 3.2.1 3.2.2 INFORMATION Seata Ltd manufactures chairs. The following information was extracted from the budget for the month ended 31 March 2022 Sales 5 000 units Selling price per unit R300 Variable manufacturing cost per unit R105 Manufacturing overheads (all fixed) R240 000 Selling costs 25% of sales Administrative costs (all fixed) R300 000 (5 marks) (2 marks) Use the information provided below to answer the following questions: How much more can the company spend on salaries and still break even? Calculate the sales value that is required to earn a net profit of R500 000. (3 marks) INFORMATION The following information provided by Montana Ltd, which manufactures only one product, is available: Fixed costs R600 000 Sales R2 500 000 Variable costs R1 500 000
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Related Book For
Fundamental Accounting Principles Volume II
ISBN: 978-1259066511
14th Canadian Edition
Authors: Larson Kermit, Jensen Tilly
Posted Date:
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