Using the table below and Input Supply cooperative net profit of K21,700 and accumulated commission received...
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Using the table below and Input Supply cooperative net profit of K21,700 and accumulated commission received of K1,500 you are required to calculate; (a) Patronage refunds for each member (b) Estimated dividend for each member (c) Estimated volumes of transactions from non members (d) Total volume of Transactions in kwacha Table 1: LUMUCO Input Supply Fertilizer member transactions 1 3 4 6. 7 8 9 10 11 12 13 14 Member No. No. of shares held 10 7 4 3 6. 4 8. 8 5 7. 6. 6. Units of fertilizer purchased 6 10 21 15 17 10 16 20 Additional information: Unit price of fertilizer; K610 per 50kg bag Commission income per unit; K3 Using the table below and Input Supply cooperative net profit of K21,700 and accumulated commission received of K1,500 you are required to calculate; (a) Patronage refunds for each member (b) Estimated dividend for each member (c) Estimated volumes of transactions from non members (d) Total volume of Transactions in kwacha Table 1: LUMUCO Input Supply Fertilizer member transactions 1 3 4 6. 7 8 9 10 11 12 13 14 Member No. No. of shares held 10 7 4 3 6. 4 8. 8 5 7. 6. 6. Units of fertilizer purchased 6 10 21 15 17 10 16 20 Additional information: Unit price of fertilizer; K610 per 50kg bag Commission income per unit; K3
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