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Marble Table Ltd manufactured and sold 2 000 tables in September 2022. A commission of 10% on sales is paid to sale representative, this
Marble Table Ltd manufactured and sold 2 000 tables in September 2022. A commission of 10% on sales is paid to sale representative, this is NOT included in the fixed administrative cost. Cost of table is R2 500.00 each. Table 4 provides additional information: Direct Material Table 4: Marble Table Ltd Item 225.00 per unit Direct Labor 275.00 per unit Variable manufacturing overheads 195.00 per unit Sales Commission 175.00 per unit Fixed manufacturing cost R17 000.00 Fixed Administrative cost R33 700.00 Fixed manufacturing cost R68 000.00 You are required to 5.1 Calculate the contribution rate per unit 4 (12)
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