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Please note Questions in this section have been set with deliberater You are therefore to read and the questions carefully beforening them QUESTION 2 121 MARS The following data were collected for period to December 2013 by the cos none of United manufaturi planta Electricity Conti Month Mary February March 279 1510 20 1650 2510 2610 3750 1470 1 450 United operates in a job costing system environment One of their customer Enterprises L es approached them for a quotation for a job. United's management accountanhaestimated that the job will require 2 350 hours. However, the management accountant has resigned withimmediate effect and United are eager to know how much electricity they will incur in that they can provide a quote to Required: Using the least squares regression method, determine the total electricity cost that be incurred for the job. Round off your stimates to the nearesten QUESTION 3 (14 MARKS) (10 MARKS) Page 17 of 27 YOS) 365 motyw Decor It has the followeggestedings Costpriceperunt 1125 2000 units Weekly demands) Normal everytime Insurance cost per unit per year per Ondergostfronders NO Safety stock S nits There are 50 normal working seryew and four weeks in one month REQUIRED 3.1.1 Calculate the economic order quantity 12 Calculate the number of orders per ye 313 Determine the ordering cost per year 114 Determine the total inventory cost for the year A wholesaler had an opening inventory of 242 units of large teddy bears valued at $168 each on 1 A 2019. The following recepts and sales were recorded during April 2019. Date Transaction 4 April 19 Received 180 units at a cost of NS174 per unit 18 April 19 Received Sounits at a cost of N$186 perunit 24 April 19 Sold 42 units at a prices of N$320 per unit 2 at a cost of $174 per unit Unit Required Using the first in first out (FIFO method of inventory valuation, what was the cost 5.2.1 of the units sold on 24 April 2019? QUESTION 4 (10 MARKS) The following information applies to M. Rise, an employee of Oshikato Regional Trust who rece weekly wage: Normal working week (6 days) 45 hours Normal hourly wage N$15,00 Please note Questions in this section have been set with deliberater You are therefore to read and the questions carefully beforening them QUESTION 2 121 MARS The following data were collected for period to December 2013 by the cos none of United manufaturi planta Electricity Conti Month Mary February March 279 1510 20 1650 2510 2610 3750 1470 1 450 United operates in a job costing system environment One of their customer Enterprises L es approached them for a quotation for a job. United's management accountanhaestimated that the job will require 2 350 hours. However, the management accountant has resigned withimmediate effect and United are eager to know how much electricity they will incur in that they can provide a quote to Required: Using the least squares regression method, determine the total electricity cost that be incurred for the job. Round off your stimates to the nearesten QUESTION 3 (14 MARKS) (10 MARKS) Page 17 of 27 YOS) 365 motyw Decor It has the followeggestedings Costpriceperunt 1125 2000 units Weekly demands) Normal everytime Insurance cost per unit per year per Ondergostfronders NO Safety stock S nits There are 50 normal working seryew and four weeks in one month REQUIRED 3.1.1 Calculate the economic order quantity 12 Calculate the number of orders per ye 313 Determine the ordering cost per year 114 Determine the total inventory cost for the year A wholesaler had an opening inventory of 242 units of large teddy bears valued at $168 each on 1 A 2019. The following recepts and sales were recorded during April 2019. Date Transaction 4 April 19 Received 180 units at a cost of NS174 per unit 18 April 19 Received Sounits at a cost of N$186 perunit 24 April 19 Sold 42 units at a prices of N$320 per unit 2 at a cost of $174 per unit Unit Required Using the first in first out (FIFO method of inventory valuation, what was the cost 5.2.1 of the units sold on 24 April 2019? QUESTION 4 (10 MARKS) The following information applies to M. Rise, an employee of Oshikato Regional Trust who rece weekly wage: Normal working week (6 days) 45 hours Normal hourly wage N$15,00