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21 REQUARED Use the information given below to prepare the Income Statement of Costa Enterprises for the year ended 31 December 2022 using the absorpton

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21 REQUARED Use the information given below to prepare the Income Statement of Costa Enterprises for the year ended 31 December 2022 using the absorpton costing method. INFORMATION (10 marks) Costa Enterprises commenced operabions on 02 January 2022, and produces a single product that sells for R72 per unit. Duning 2022, 300000 units of the product were manufactured of which 240000 units were sold. There was no work-in-process inventory at the end of the year. Manufacturing costs and marketing and administrative costs for 2022 were as follows: 22 REQUIRED Use the information given below to calculate the net wage of P. Nkosi for the last working week of March 2023. INFORMATION (5 marks) P. Nkosi is employed by Morkel Enterprises. The normal working week is 45 hours. P. Nkosi worked for 49 hours during the last working week of March 2023. She is remunerated at R200 per hour during normal working hours. Overtime is calculated at 1.5 times the normal rate. The following were her deductions for tha waak: Morkel Enterprises contributes the same amount as the employees towards the medical aid fund and pension fund. 2.3 REQUIRED Considior the information given below and calculate the remuneration of Donald for the day: (5marks ) INFORMATION Donald, an employee of Disney Limited, is remunerated according to Taylor's differential piecesork system, The follmwing details andiv: Donald's production for the day was 1300 units. INFORMATION Dynamo Lid manufactures calculators. The following information was extractisd from the budget for the year ended 31 December 2023 : 3.2 REQUIRED Calculate the following from the information provided below: 3.2.1 The total variable costs it 12000 units are sold. 3.2.2 The number of units that must be sold to eam a net profit of R120 000, if the seling price is reduced by 10% and the variable cost per unit determined in question 3.2 .1 remains unchanged. (2 marks) (4 marks) INFORMATION Simplex Limited, which manufactures only one product, provided the following information

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