Question
1.2 REQUIRED Prepare the production plan for each month of the quarter ending 31 March 2024. (6 marks) INFORMATION The information given below was supplied
1.2 REQUIRED Prepare the production plan for each month of the quarter ending 31 March 2024. (6 marks) INFORMATION The information given below was supplied by Philips Enterprises: The expected sales for the period 01 December 2023 to 30 April 2024 are as follows : Units December 2023 16 000 January 2024 7 000 February 2024 8 000 March 2024 11 000 April 2024 12 000 Production for each month equals 60% of the current months projected sales and 40% of the following months projected sales. 1.3 REQUIRED Study the information given below and calculate the cost (as a percentage, expressed to two decimal places) to Oudtshoorn Stores of not accepting the discount. (4 marks) INFORMATION Jimbo Wholesalers credit terms to Oudtshoorn Stores are 60 days but the supplier is prepared to allow a 2.5% rebate if Oudtshoorn Stores pays the account within 12 days.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started