Question: Question 4 [ 1 1 Marks ] Hank's Satelite is a company that produces customised satellite dishes for the local community. In the year 2

Question 4[11 Marks] Hank's Satelite is a company that produces customised satellite dishes for the local community. In the year 2023, the auditors recorded that 900 dishes were manufactured and sold for R2500. Also, the company incurred the following costs for the year: Direct Labour costs: R400 per dish Raw Materials: R180 per dish Depreciation: R8000 Rent of building: R15000 per month. Required: Given the above information, calculate Hank's Satelite Total revenue, Total cost, Net surplus (loss), Total fixed costs and Total variable costs for the year 2020. Ensure to state the formula before attempting each answer. (11 Marks)
Question 4 [ 1 1 Marks ] Hank's Satelite is a

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