Ross Limited manufactures and sells a single product. You were provided with the following information for...

 

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Ross Limited manufactures and sells a single product. You were provided with the following information for the financial year ending 31 December 2023 of Ross Limited: Units sold and produced Total direct material cost Total direct labour cost Variable manufacturing overheads Fixed manufacturing overheads Fixed administration cost Variable marketing cost Commission paid 4% of sales REQUIRED: 1.1 Based on the information provided above, calculate the following: 1.1.1 Contribution per unit 1.1.2 Contribution ratio 1.1.3 Break-even units 1.1.4 Break-even value 1.1.5 Margin of safety units 1.1.6 Margin of safety value 1.1.7 Margin of safety ratio 8 000 R42 000 R60 000 R20 000 R68 000 R72 000 R36 000 R16 000 (9 marks) (2 marks) (2 marks) (1 mark) (1 mark) (1 mark) (1 mark) Ross Limited manufactures and sells a single product. You were provided with the following information for the financial year ending 31 December 2023 of Ross Limited: Units sold and produced Total direct material cost Total direct labour cost Variable manufacturing overheads Fixed manufacturing overheads Fixed administration cost Variable marketing cost Commission paid 4% of sales REQUIRED: 1.1 Based on the information provided above, calculate the following: 1.1.1 Contribution per unit 1.1.2 Contribution ratio 1.1.3 Break-even units 1.1.4 Break-even value 1.1.5 Margin of safety units 1.1.6 Margin of safety value 1.1.7 Margin of safety ratio 8 000 R42 000 R60 000 R20 000 R68 000 R72 000 R36 000 R16 000 (9 marks) (2 marks) (2 marks) (1 mark) (1 mark) (1 mark) (1 mark)

Answer rating: 100% (QA)

Answer To calculate the required values we need to use the given information Here are the calculations 111 Contribution per unit Contribution per unit is the selling price minus the variable costs per ... View the full answer