Hi. Please assist me with Questions 1 - 20 with explanations please.

QUESTION 20 The actual gross profit per unit of the Visor is for the 2020 financial year. R40 R103 R70 R57QUESTION 1 Which one of the following cannot be a cost object? (1) The Western Cape region of an organisation that has operations in each of the nine provinces in South Africa. (2) The sales value of one unit of a particular product. (3) An order from a customer for 50 000 units of an organisation's product. (4) A construction project undertaken on behalf of the South African Government. QUESTION 2 Which one of the following cannot be both a manufacturing cost and a variable cost? (1) Direct material costs (2) Direct labour costs (3) Variable manufacturing overheads (4) Variable selling costs Use the following information to answer questions 3, 4, and 5: Buzzy Bee (Pty) Lid ("Buzzy Bee") specialises in the manufacturing and selling of honey-based skincare products. Buzzy Bee pays a contractor a semi-variable fee for delivering its products. The following actual information is available for the six-month period ended 31 August 2020 and indicates the number of products delivered per month as well as the associated total monthly semi- variable delivery costs. Month Delivery volume in Total delivery costs in Rand units March 18 000 R212 000 April 17 600 R207 600 May 19 500 R217 500 June 16 100 R200 000 July 16 000 R200 000 August 17 200 R206 300 The company uses this historical actual information as basis for its budget for the next six months ending 28 February 2021. For the budget period, no increases in variable delivery cost per unit and monthly fixed delivery cost are expected. After the six months budget period the delivery contract will be reviewed.QUESTION 3 The budgeted variable delivery cost per unit for the six-month period ending 28 February 2021, using the high-low method, is estimated at per unit (rounded to two decimal places). (1) R5,15 (2) R5,00 (3) R11,76 (4) R11,91 QUESTION 4 The budgeted fixed delivery costs in total for the six-month period ending 28 February 2021, using the high-low method, is estimated at (rounded to the nearest Rand). (1) R720 000 (2) R702 794 (3) R120 000 (4) R17 500 QUESTION 5 The budgeted variable delivery cost per unit for the six-month period ending 28 February 2021, using the simple regression analysis method, is estimated at per unit (rounded to two decimal places). Please use the following formulae in your question 5 workings: Exy = aZx + bEx- Zy = an + bEx (1) R11,76 (2) R11,88 (3) R5,00 (4) R5,20 Use the following information to answer questions 6, 7 and 8: Princess Paper Products (Pty) Lid ("PPP") produces and sells paper plates in packs that consist of 50 paper plates packaged in a reusable plastic container. One such a pack is referred to as a unit. PPP has a 31 August financial year-end. PPP does not keep opening or closing inventories of any type.The following information regarding PPP was extracted from budgets and management accounts: Financial year 2020 2021 Actual Budget Sales units 200 000 240 000 Selling price per unit R36 R38 Direct material costs R2 200 000 R2 700 000 Direct labour costs per unit R4,00 R4,20 Variable manufacturing overheads| R1 400 000 |R1 800 000 Sales commission R700 000 Administration costs R500 000 Additional information: The sales commission is a semi-variable cost. For the duration of the 2020 financial year, the variable sales commission was R2 per unit. In 2021, the variable sales commission per unit is expected to increase by 5% from 2020 figures, whilst the fixed sales commission is expected to remain the same as in 2020. The administration costs are fixed costs. The amount of budgeted administration costs for the 2021 financial year is 1,25 times the actual administration costs incurred in the 2020 financial year. QUESTION 6 Assuming an actual break-even point of 58 334 units for the 2020 financial year, the actual margin of safety ratio for the 2020 financial year was. (1) 70,83%. (2) 141 666 units. (3) 242,85%. (4) R5 099 976. QUESTION 7 The budgeted break-even point in units for the 2021 financial year is. 2 86 645 (2) 53 157 (3) 61 777 (4) 61 776QUESTION 8 The contribution ratio for the 2020 financial year was (rounded to two decimal places). (1) 33,33% (2) 38,89% (3) 34,08% 23,61% Use the following information to answer questions 9 and 10: Koena's Kitchenware (Pty) Lid ("Koena's") manufactures and sells a variety of kitchen utensils and uses a traditional absorption costing system. You have the following information available regarding Koena's fixed manufacturing overheads for the 2019 and 2020 financial years. Financial year 2019 2020 Budgeted Actual Budgeted Actual Fixed manufacturing R7 200 000 R7 000 000 R7 332 850 R7 500 000 overheads (FMO) Direct labour hours 900 000 906 500 894 250 941 200 Manufacturing units 360 000 370 000 365 000 362 000 Koena's allocates FMO based on direct labour hours. QUESTION 9 The predetermined FMO allocation rate for the 2019 financial year was (rounded to two decimal places). (1) R20,00. (2) R8,00. (3) R8,20. (4) R7.72. QUESTION 10 The over-/under allocated FMO for the 2020 financial year is. (1) R217 840 over applied. (2) R217 840 under applied. (3) R167 150 over applied. (4) R167 150 under applied.Use the following information to answer questions 11 and 12: Friedrich's Bakery ("Friedrich's") bakes and sells bread and biscuits. Friedrich uses a lot of free- range eggs ("eggs") in his bakery and is trying to figure out what the most economic order quantity will be. Friedrich estimated that he will need on average 80 eggs per day for the 250 days that he intends to bake during the 2021 financial year. He also calculated that it costs him RO,05 per egg per annum to keep the eggs fresh and safely stored. Friedrich is requiring a return of 10% per annum on his investment in the business and purchases the eggs at R3,00 each. His friend, Tsakane, gives Friedrich a discounted rate of R50 ordering cost for each order that Friedrich places at Tsakane Farming. Friedrich buys all the required eggs exclusively from Tsakane Farming and incurs no internal ordering costs other than the discounted cost per order charged by Tsakane. Tsakane Farming uses custom-made packaging cartons that are not similar to the traditional half-a- dozen or full-dozen size egg cartons. As such, Tsakane's packaged eggs per order are therefore not necessarily divisible by six. QUESTION 11 The budgeted Economic Order Quantity (EOQ) for eggs is. (1) 6 325 (2) 11 547 (3) 1 690,31 (4) 2 391 QUESTION 12 Assuming eggs are ordered in arbitrary order sizes of 500 eggs per order, which one of the following statements is correct if all the other variables remain as given in the scenario? (1) The annual carrying cost will be R50. (2) Friedrich will have to place 250 orders during the 2021 financial year. (3) The average inventory on hand is 250 eggs. (4) The total ordering cost for the year will be R25 000. Use the following information to answer questions 13 and 14: Keveshnie's Decor (Pty) Lid ("KD") is a company that produces hand-made home decorations. Randy Livhuno is an interior decorator that decided to join KD a few years ago. Randy's gross remuneration is R22 000 per month. Randy only performs direct labour functions. KD requires highly accurate costing of cost objects and KD's share of the pension fund contributions of its employees forms a substantial part of labour cost. The following monthly information regarding Randy's employment is also available:R Randy's own contribution to his pension fund 2 000 KD's contribution to Randy's pension fund 2 500 Randy's membership fees of the Institute of Interior Designers ("IID"). 250 contributed and paid over to the IID directly by KD Randy's own contribution to his medical aid 1 450 KD's contribution to Randy's medical aid QUESTION 13 Randy's monthly total cost to company (based on only the above information) is. (1) R24 750 (2) R28 200 (3) R25 450 (4) R24 500 QUESTION 14 KD's contribution to Randy's pension fund should be: (1) Charged to fixed manufacturing overheads. (2) Subtracted from Randy's taxable income when KD calculates Randy's net wage payable. (3) Incorporated into direct labour costs. (4) Charged to selling and administrative costs. Use the following information to answer questions 15 and 16: Tsakane Farming (Pty) Ltd ("Tsakane") has several farming operations, of which free-range egg producing is one. Tsakane orders high quality chicken feed on a regular basis to feed their freely roaming chickens. Chicken feed is kept in consumable inventory. The price of this chicken feed per kilogram fluctuates based on agricultural commodity prices, such as the prices of different grains. You have the following information available regarding the actual details of and movements in Tsakane's chicken feed for the first few days of November 2020: Day Details Kilograms Price per kg 1 Opening inventory 200 R2 4 Purchases 600 R28 5 Purchases 400 R24 8 Issues to the hen pens (1 000) ?QUESTION 15 Tsakane's total closing inventory Rand-value for chicken feed as at 8 November 2020 (round to two decimal places throughout your workings) would be if the first-in-first-out (FIFO) method of inventory valuation is applied. (1) R5 230 (2) R4 800 (3) R5 134 (4) R5 000 QUESTION 16 The Rand-value of one kilogram of chicken feed in Tsakane's closing inventory as at 8 November 2020 (round to two decimal places throughout your workings) would be if the weighted average method of inventory valuation is applied. (1) R25,67 (2) R24,00 (3) R26,40 (4) R26, 15 Use the following information to answer questions 17, 18, 19 and 20: Carnarvon Caps (Pty) Ltd ("Carnarvon Caps") manufactures and sells two types of headwear, namely the Cricket Hat ("CH") and the Fashion Visor ("Visor"). The company has a 31 December year-end. On 31 December 2019, Carnarvon Caps had 5 000 units of CH and 8 000 units of Visor on hand. Depending on whether direct or absorption costing principles were applied, the following inventory values would be associated with these units: CH Visor Direct costing value R320 000 Absorption costing value R720 000 Details of the actual manufacturing costs for the financial year ended 31 December 2020 were as follows: . Direct material costs of R25 per unit of CH and R40 per unit of Visor were incurred. . Other direct costs in the form of packaging costs were incurred at R5 per unit, irrespective of product type. Direct labour costs of R21 per unit and R32 per unit were incurred for CH and Visor, respectively. Variable manufacturing overheads of R19 per unit of CH and R16 per unit of Visor were incurred.Details of the actual non-manufacturing costs for the financial year ended 31 December 2020 were as follows: . Variable selling costs in the form of sales commission were incurred at R3 per unit, irrespective of product type. Total fixed administration costs amounted to R1 000 000 and R800 000 for CH and Visor, respectively. Additional information: CH sells at R120 per unit and Visor sells at R160 per unit. . During the 2020 financial year, 85 000 units of CH were produced and 82 000 sold, whereas 56 000 units of Visor were produced and 54 000 sold. The predetermined blanket overhead rate for the 2019 financial year was R9 per unit and increased to R10 per unit for the 2020 financial year. The management accountant of Carnarvon Caps remembers correctly from her MAC2601 studies that applied fixed manufacturing overheads are included in product costs when absorption costing principles apply. Carnarvon Caps uses the First-In-First-Out (FIFO) method of inventory valuation. QUESTION 17 The actual absorption costing product cost per unit in respect of the units of CH manufactured during the 2020 financial year is (1) R79. (2) R73. (3) R80. (4) R70. QUESTION 18 The actual direct costing product cost per unit in respect of the units of Visor manufactured during the 2020 financial year is (1) R93 (2) R81 (3) R96 (4) R70 QUESTION 19 The actual total contribution of Carnarvon Caps (rounded to the nearest Rand) is for the 2020 financial year. R7 453 667 R7 526 000 R7 436 000 (4) R7 958 000