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EFG Company manufactures three products, which have the following cost and demand data: Product E Product F Product G Contribution to sales ratio 30% 20%
EFG Company manufactures three products, which have the following cost and demand data: Product E Product F Product G Contribution to sales ratio 30% 20% 25% Maximum sales value(R000) 1,200 1,400 1,900 400 Minimum sales value(R000) 400 400 There are fixed costs of R850,000 per period. The lowest break-even sales value per period, subject to meeting the minimum sales value constraints, is nearest to.... O A R2.370,000 Question 2 of 15 2 points PP Ltd operates a standard absorption costing system. The following information has been extracted from the standard cost card for one of its products: Budgeted production 1,500 units Direct material cost: 7kg x R 4.10 R28.70 per unit Actual results for the period were as follows: Production 1.600 units Direct material purchased and used): 12,000kg R52 200 It has subsequently been noted that, owing to a change in economic bonditions, the best price that the material could have been purchased for was 84.50 per kg during the period The adverse material price planning variance was R
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