A The following data is available for a company: Start of year: Inventory at the start of the year: 4,950 Trade payables at the start of the year 4,500 End of year: Inventory at the end of the year: 3,890 Trade payables at the end of the year: 5,000 Cash paid during the year: Payments to suppliers during the year: 54,000 Carriage inwards: 380 Carriage outwards: 710 What was the company's cost of sales for the year? Question B A company purchased equipment costing 800,000. The equipment is expected to have no residual value and is to be depreciated using the diminishing balance method at 30% on a full year basis. What is the depreciation charge for the second year? Enter your answer to the nearest . Type your answer... Question C A company has two production (Assembly and Finishing) departments and one service department (Canteen). The data for the next production period is as follows: Total overheads (E) Machine hours (hrs) Labour hours No of employees Labour hour rate () Assembly 106,000 Finishing 141,000 Canteen 65,000 57,000 26,000 16,000 33,000 400 825 14 7.40 7.20 5.65 All employees make use of the Canteen department. The company is calculating its overhead recovery rates. Calculate the machine hour rate for overhead recovery in the Assembly Deptartment. Calculate and enter your answer in the same format as the labour hour rate. Type your answer... Question D At the start of the financial year the owner's equity in a business was 29,710. The business made a profit of 41,594 for the year. The owner's equity in the business at the end of the year was 41,510. On the basis of this information what were the owner's drawings from the business for the year. Type your