Marks 50 Question 1 Benny McCarthy owns Sport Door Cc located in Boksburg. The shop is purely an outdoor shop manufacturing & specializing in all types of outdoor sporting requirements. The following information is available for a product called "Fishing rods" Monthly Rental amounts to R5000, Total wages R35 000 per month, other overheads R17000 per month. The fishing rods are sold for R500 per rod. The material cost to manufacture 1 fishing rod amounts to R 240 each. Round off answers to nearest whole number. Show all workings !!! Required: 1) Calculate the breakeven points in units / rods. 2) Calculate the Gross Profit %. 3) Calculate the Mark up %. 4) If Benny wants to make a monthly target profit R25 000, calculate how many fishing rods /units must he sell in a month. 5) Calculate the monetary sales value in rands with reference to number 4, above Question 2 (50 marks) The following information is available for King cola Coldrinks for a 500ml of "Cola Coldrink" 1) Sales are expected to increase by 10% every quarter 2) Opening stocks amounts to 20% of expected sales of that quarter 3) Closing stock amounts to 20% of following quarters expected sales 4) Materials cost per unit amounts to R5.00 per unit. The first quarter sales amount to 5000 units Required: Prepare the production budget to determine 1) The number of units to manufacture for each quarter. 2) The Total Material purchase cost for every quarter. Page 2 of 2