Question: Type or paste question here The accompanying table shows Sipho's electricity statement from a local municipality. Study the table and answer the questions that follow.

Type or paste question here The accompanying table shows Sipho's electricity statementType or paste question here

The accompanying table shows Sipho's electricity statement from a local municipality. Study the table and answer the questions that follow. Table 1 Electricity statement DATE CODE ACCOUNT TRANSACTIONS DESCRIPTION UNITS OPENING BALANCE TARIFF VALUE 18/08/2015 18/08/2015 18/08/2015 18/08/2015 18/08/2015 18/08/2015 18/08/2015 000501 000501 000501 000201 000801 011700 011700 Block 1 (0 to 50 KWH) Block 2 ( 51 to 350 KWH) Block 3 (351 to 600 KWH) Basic Electricity Refuse Basic charge Rates Discount 50 300 85 1 1 700 000 24 565 .7541 .9714 1.3736 158.9 44.1 .007 - .007 309.58 - 37,71 291.42 116.76 158.90 44.10 408.33 14.33 - 120 days + 0.00 90 days 0.00 Total due 824.00 Meter no. VAT 60 days 30 days Current 0.00 309.58 - 1 133.58 METER READINGS Old reading New reading Reading date 31693 32128 10/06/2015 Meter type consumption 0000140447 Electricity 435 Explain why the tariff for the last 85 units used is different from the tariff for the first 50 units used. (3) 15% Value added tax (VAT) is paid on the items whose codes start with 000. Hence determine the VAT that Sipho should pay. Determine the total due if Sipho had been using only 382 units of electricity. (4) (4) Explain why the Total due is R824.00, while the Current amount is R1 133.58. (3) [14] The accompanying table shows Sipho's electricity statement from a local municipality. Study the table and answer the questions that follow. Table 1 Electricity statement DATE CODE ACCOUNT TRANSACTIONS DESCRIPTION UNITS OPENING BALANCE TARIFF VALUE 18/08/2015 18/08/2015 18/08/2015 18/08/2015 18/08/2015 18/08/2015 18/08/2015 000501 000501 000501 000201 000801 011700 011700 Block 1 (0 to 50 KWH) Block 2 ( 51 to 350 KWH) Block 3 (351 to 600 KWH) Basic Electricity Refuse Basic charge Rates Discount 50 300 85 1 1 700 000 24 565 .7541 .9714 1.3736 158.9 44.1 .007 - .007 309.58 - 37,71 291.42 116.76 158.90 44.10 408.33 14.33 - 120 days + 0.00 90 days 0.00 Total due 824.00 Meter no. VAT 60 days 30 days Current 0.00 309.58 - 1 133.58 METER READINGS Old reading New reading Reading date 31693 32128 10/06/2015 Meter type consumption 0000140447 Electricity 435 Explain why the tariff for the last 85 units used is different from the tariff for the first 50 units used. (3) 15% Value added tax (VAT) is paid on the items whose codes start with 000. Hence determine the VAT that Sipho should pay. Determine the total due if Sipho had been using only 382 units of electricity. (4) (4) Explain why the Total due is R824.00, while the Current amount is R1 133.58. (3) [14]

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