Backspace MANCOSA: POSTGRADUATE DIPLOMA IN PROJECT MANAGEMENT 55 Q ASSIGNMENT 6: PROJECT FINANCIAL MANAGEMENT Caga Enter Shift QUESTION 1 (20) 11 REQUIRED Use the information provided below to calculate the following: 1.1.1 Value of returns to the supplier on 05 May 2019. 12) 1.12 Quantity, unit price and total value of doing inventory on 31 May 2010 151 1.1.3 Total value of the issues to production during May 2019. (5) INote: A table may be prepared for the transactions but the answers to the questions started above must appear after the table. Where applicable, round off the weighted average cost per unit to the rest centi INFORMATION The following transactions of Edblow Limited, which uses the weighted average cost method of inventory valuation, took place during May 2019 in respect of a component used in a project May 01 Inventory of component 100 units per unit os 160 units Issued to production ANOU OR22 per unit 06 Purchased from a supplier 08 Returned 100 incorrectly supplied components to the supplier (ve 06 March 300 units 12 Issued to production 100 units R25 per un 24 Purchased from suppler 31 Issued to production 1.2 REQUIRED use the infomation provided below to calculate the following in respect of Mandy, an employee at Project Z: 16) 12.1 Cost to company for the duration of the project 1.2.2 Net wape for week 3 1.2 REQUIRED INFORMATION Simbithi Enterprises submitted the following information for the duration of a project in respect of an employee, MandyThe hours worked are as follows: Week 1 Week 2 Week 3 Week 4 4 0 4 3 Sunday 9 9 10 Monday 9 9 10 9 10 Tuesday 9 9 12 9 Wednesday 9 9 11 9 Thursday 11 Friday 9 9 13 3 4 5 Saturday 2 Additional information 1. The income tax IPAYE) deduction is 20% of the taxable income Le Gross swary less Pension deduction) 2. The employee's deduction for medical aid amounted to R200 for the week. The employer contributes twice the amount as the employees to the fund, 59 PROGRAMME HANDBOOK: JANUARY 2020 INTAKE Backspace MANCOSA: POSTGRADUATE DIPLOMA IN PROJECT MANAGEMENT 55 Q ASSIGNMENT 6: PROJECT FINANCIAL MANAGEMENT Caga Enter Shift QUESTION 1 (20) 11 REQUIRED Use the information provided below to calculate the following: 1.1.1 Value of returns to the supplier on 05 May 2019. 12) 1.12 Quantity, unit price and total value of doing inventory on 31 May 2010 151 1.1.3 Total value of the issues to production during May 2019. (5) INote: A table may be prepared for the transactions but the answers to the questions started above must appear after the table. Where applicable, round off the weighted average cost per unit to the rest centi INFORMATION The following transactions of Edblow Limited, which uses the weighted average cost method of inventory valuation, took place during May 2019 in respect of a component used in a project May 01 Inventory of component 100 units per unit os 160 units Issued to production ANOU OR22 per unit 06 Purchased from a supplier 08 Returned 100 incorrectly supplied components to the supplier (ve 06 March 300 units 12 Issued to production 100 units R25 per un 24 Purchased from suppler 31 Issued to production 1.2 REQUIRED use the infomation provided below to calculate the following in respect of Mandy, an employee at Project Z: 16) 12.1 Cost to company for the duration of the project 1.2.2 Net wape for week 3 1.2 REQUIRED INFORMATION Simbithi Enterprises submitted the following information for the duration of a project in respect of an employee, MandyThe hours worked are as follows: Week 1 Week 2 Week 3 Week 4 4 0 4 3 Sunday 9 9 10 Monday 9 9 10 9 10 Tuesday 9 9 12 9 Wednesday 9 9 11 9 Thursday 11 Friday 9 9 13 3 4 5 Saturday 2 Additional information 1. The income tax IPAYE) deduction is 20% of the taxable income Le Gross swary less Pension deduction) 2. The employee's deduction for medical aid amounted to R200 for the week. The employer contributes twice the amount as the employees to the fund, 59 PROGRAMME HANDBOOK: JANUARY 2020 INTAKE