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4 . 1 Study the information provided below and answer the following question. INFORMATION Main Stay Enterprises operates a job costing system and has the

4.1 Study the information provided below and answer the following question. INFORMATION Main Stay Enterprises operates a job costing system and has the aim of making a net profit of 25% on sales. The cost estimates for one particular job are as follows: Direct Material 100kg at R50 per kilogramme Direct Labour 60 hours at R60 per hour The total overheads are budgeted at R 1200000 and are absorbed on the basis of direct labour hours. The budgeted labour hours are 60000.

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