a$)$ Maipelo's corporate manufactures products GTX and BBY in a joint process. The following information has

been made available by the accountant, Mr$.$ Joel.

You are required to calculate GTX$\text{'}$s share of the joint process costs, if the sales value method of cost apportionment

is used. $(5)$

b$)$ Tjiro $($Pty$)$ Ltd manufactures a single product called Mofheti. The budgeted material costs for each Mofheti are

as follows:

$2$ kgs of material Z at P$100$ per kg

Actual results

Output: $,1,000$ units of Mofheti

Material bought and used: $,2,200kgs$

Total Material costs: $,$ P$209,000$

You are required to calculate for Tjiro the following variances; i$)$ Material price variance ii$)$ Material usage

variance and iii$)$ the direct material total variance. $(9)$

c$)$ Josephine started a manufacturing company and has hired you as the cost accountant. She was trying to

estimate the break$-$even, the margin of safety and the profit for the product for coming month. The following

are the cost and selling price structures:

Selling price per unit: $,$ P$162\mathrm{.}00$

Direct labour per unit: $,$ P$49\mathrm{.}00$

Direct material per unit: $,$ P$30\mathrm{.}00$

Variable overhead per unit: $,$ P$19\mathrm{.}00$

Fixed overhead per unit: $,$ P$16\mathrm{.}00$

Profit: $,$ P$48\mathrm{.}00$

The fixed overhead absorption rate was based on $2,700$ units in a month. The assumption is that the same

amount will be spent every month on fixed overheads. Next month's budgeted sales are $2,970.$

Required to calculate:

i$)$ Break$-$even point in sales units $(4)$

ii$)$ Margin of safety in units and value $(4)$

iii$)$ Budgeted profit for the next month $(3)$