a) Accounting information users are divided into two groups, namely internal and external users. Provide two examples of internal users and the reasons they use accounting information. (2)

b) The University of Pretoria recently launched its online learning institution for matriculants. It has requested you to assist it by explaining the implication of VAT for its institution. If the average fee charged to each student is R2 500 excluding VAT each month, what price, including VAT, would you advise the school to charge? (2)

c) Joshua is a designer and has started a leather bag manufacturing shop. He has estimated some of the elements of the new product and has asked for your assistance in determining if the costs below are fixed or variable. (2)

d) Sports Day (Pty) Ltd had the following assets and liabilities balances at 31 October 2023. Determine the equity balance at 310 ctober 2023 using the basic accounting equation.(2) e) Joshua is launching a new leather bag range and has requested your help in understanding the contribution the new range would make. The selling price per bag is R1 200 and the direct materials and direct labour cost are R400 and R500 per unit respectively. The fixed costs are R50 000 . How many bags does Joshua need to sell before he starts making a profit? (2) a) b) c) \begin{tabular}{|l|l|l|} \hline & Fixed & Variable \\ \hline Leather & \\ \hline Fabric & \\ \hline Commissions of the sales manager & \\ \hline Rent of factory & \end{tabular} d)