Question: 1 5 : 1 5 . ll 5 G MAIN PROJECT _ PROJECT SCHEDUCL... Income tax calculated on taxable income 1 8 % 4 of

 15:15 .ll 5G MAIN PROJECT_PROJECT SCHEDUCL... Income tax calculated on taxable

15:15
.ll 5G
MAIN PROJECT_PROJECT SCHEDUCL...
Income tax calculated on taxable income
18%
4 of 6
1.3
REQUIRED
Use the information provided below to calculate the following independently:
1.3.1 Net profit
(2 marks)
1.3.3 Marginal income per unit that will enable the project to break even
(2 marks)
1.3.2 Break-even quantity if the selling price increases to R130 per unit
(4 marks)
INFORMATION
Caprice Limited plans to start Project Star and the following are the forecasts for 2024
\table[[Sales,50000 units at R120 per unit],[Direct materials cost per unit,R36],[Direct labour cost per unit,R24],[Variable selling costs,10% of sales],[Manufacturing overhead costs (all fixed),R841000],[Fixed selling and administrative costs,R1040000]]
income 18% 4 of 6 1.3 REQUIRED Use the information provided below

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!