The following information was taken from the accounting records: 28 February 2022 Sales Variable costs Fixed...

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The following information was taken from the accounting records: 28 February 2022 Sales Variable costs Fixed costs Direct material Break-even point Number of units produced and sold Net Profit After Tax Shareholder's Equity Current Ratio Acid Test Ratio Stock turnover rate Total 1,792,000 1,024,000 736,000 656,000 64 000 units ? Per Unit 28.00 16.00 11.50 10.25 Total 1,794,000 975,000 630,000 592,800 60000 units 78 000 units 28 February 2021 28-Feb-22 857 500 10 892 500 1.4:1 0,6:1 6,4 times Per Unit 23.00 12.50 8.08 7.60 28-Feb-21 850 500 10 447 000 2,0:1 1,2:1 8,4 times Additional Information 300 000 additional shares were issued 1 May 2021. 250 000 shares were repurchased on 1 December 2021 at R10.50 per share. The average share price at the time was R8.90. These shareholders did not qualify for final dividends. There were 1150 000 shares in issue on 28 February 2022. Interim dividend of R350 000 was paid on 31 August 2022 to all shares on the share register. A final dividend of R437 000 was declared on 28 February 2022. Additions to the buildings were constructed during the year at a cost of R4 909 900 Old equipment was sold at carrying value. The following information was taken from the accounting records: 28 February 2022 Sales Variable costs Fixed costs Direct material Break-even point Number of units produced and sold Net Profit After Tax Shareholder's Equity Current Ratio Acid Test Ratio Stock turnover rate Total 1,792,000 1,024,000 736,000 656,000 64 000 units ? Per Unit 28.00 16.00 11.50 10.25 Total 1,794,000 975,000 630,000 592,800 60000 units 78 000 units 28 February 2021 28-Feb-22 857 500 10 892 500 1.4:1 0,6:1 6,4 times Per Unit 23.00 12.50 8.08 7.60 28-Feb-21 850 500 10 447 000 2,0:1 1,2:1 8,4 times Additional Information 300 000 additional shares were issued 1 May 2021. 250 000 shares were repurchased on 1 December 2021 at R10.50 per share. The average share price at the time was R8.90. These shareholders did not qualify for final dividends. There were 1150 000 shares in issue on 28 February 2022. Interim dividend of R350 000 was paid on 31 August 2022 to all shares on the share register. A final dividend of R437 000 was declared on 28 February 2022. Additions to the buildings were constructed during the year at a cost of R4 909 900 Old equipment was sold at carrying value.

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