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PART 2 Made Leduse absting system to me and recessories fashion cong The predetermined frontacting wafandro hubo called 90,00 per direct labour hout Directed 24000
PART 2 Made Leduse absting system to me and recessories fashion cong The predetermined frontacting wafandro hubo called 90,00 per direct labour hout Directed 24000 R19 R2309 Drect Wool P20 000 R14000 19000 Director how 950 Warung prosed based on direct labour hours worked REQUIRED Cele Telemang costs of the sports and socks rospechy QUESTION 4 (20 marts (24 matuten Morand Parade The logo valable for 2010 . Bundan tareason Quote 7500 2 9000 10 000 12 000 The budget per 29 Productions per red rooms as follows Detabou 3 hours per how Director 4 a per kg Verve Radbour hour Ford manucurg che per quarter and RS 000 TURN OVER 4 MAC01 OCTOHE ROVERER 2018 Intors and and were soos Directa 900h Fred goods 1500 och The one who way shed goods to be equal to 20% of the following quarter's button towards The company policy dolod quarter to the surgery of the malabate 28 of the weare's production maurerenta in ograma The case FIFO method for vertory REQUIRED Prepare the logopesona gestarter and we are show separate columns for quarter and quarter total column is required 41 S budget 42 Production button 181 44 Drew 181 45 Production 1 QUESTION 3 (20 marks) (24 minutes) This question consists of two separate parts, both of which must be answered. PART 3.1 (10) Komani Limited produces and sells a single product The following data relate to the month of July 2019, the first month of the company's financial year Raw materials issued to production, R342 000 (70% direct and 30% indirect) Direct labour costs incurred amounted to R188 800, and indirect labour cost incurred amounted to R37 200 Depreciation recorded on factory equipment, R10 000 Other factory overhead costs incurred, R84 000 The work in process had a closing balance of R65 000 on 30 June 2019 Production orders costing R630 000, according to the job cost sheet, were completed during the month of July 2019 and transferred to finished goods Production orders that cost R610 000 to complete, according to the job cost sheets, were dispatched to customers during the month of July 2019 REQUIRED: Calculate the cost of goods manufactured and sold for the month ended 31 July 2019 (10) PART 3.2 (10) Nozizwe, a general employee at Komani Limited, has an employment contract that contains the following conditions of service A normal day is 9 hours, including the idle time of (45) minutes for tea and lunch breaks, and a normal week is 5 days, Monday to Friday The basic wage rate is R35 per hour Public holidays are fully paid and are equivalent to 2 weeks Leave entitlement is 3 weeks and is also fully paid Overtime is compensated at 1,5 times the normal rate Actual information for the week ended 21 July 2019: Nozizwe actually worked 50 hours for the week under review REQUIRED: Calculate the following 321 The annual normal wage that Nozizwe should earn (14) 322 The expected annual productive hours (4%) 323 The total gross wage payable to Nozizwe for the week under review (please use the basic wage and overtime premium in your calculation) [20] [TURN OVER] PART 2 Made Leduse absting system to me and recessories fashion cong The predetermined frontacting wafandro hubo called 90,00 per direct labour hout Directed 24000 R19 R2309 Drect Wool P20 000 R14000 19000 Director how 950 Warung prosed based on direct labour hours worked REQUIRED Cele Telemang costs of the sports and socks rospechy QUESTION 4 (20 marts (24 matuten Morand Parade The logo valable for 2010 . Bundan tareason Quote 7500 2 9000 10 000 12 000 The budget per 29 Productions per red rooms as follows Detabou 3 hours per how Director 4 a per kg Verve Radbour hour Ford manucurg che per quarter and RS 000 TURN OVER 4 MAC01 OCTOHE ROVERER 2018 Intors and and were soos Directa 900h Fred goods 1500 och The one who way shed goods to be equal to 20% of the following quarter's button towards The company policy dolod quarter to the surgery of the malabate 28 of the weare's production maurerenta in ograma The case FIFO method for vertory REQUIRED Prepare the logopesona gestarter and we are show separate columns for quarter and quarter total column is required 41 S budget 42 Production button 181 44 Drew 181 45 Production 1 QUESTION 3 (20 marks) (24 minutes) This question consists of two separate parts, both of which must be answered. PART 3.1 (10) Komani Limited produces and sells a single product The following data relate to the month of July 2019, the first month of the company's financial year Raw materials issued to production, R342 000 (70% direct and 30% indirect) Direct labour costs incurred amounted to R188 800, and indirect labour cost incurred amounted to R37 200 Depreciation recorded on factory equipment, R10 000 Other factory overhead costs incurred, R84 000 The work in process had a closing balance of R65 000 on 30 June 2019 Production orders costing R630 000, according to the job cost sheet, were completed during the month of July 2019 and transferred to finished goods Production orders that cost R610 000 to complete, according to the job cost sheets, were dispatched to customers during the month of July 2019 REQUIRED: Calculate the cost of goods manufactured and sold for the month ended 31 July 2019 (10) PART 3.2 (10) Nozizwe, a general employee at Komani Limited, has an employment contract that contains the following conditions of service A normal day is 9 hours, including the idle time of (45) minutes for tea and lunch breaks, and a normal week is 5 days, Monday to Friday The basic wage rate is R35 per hour Public holidays are fully paid and are equivalent to 2 weeks Leave entitlement is 3 weeks and is also fully paid Overtime is compensated at 1,5 times the normal rate Actual information for the week ended 21 July 2019: Nozizwe actually worked 50 hours for the week under review REQUIRED: Calculate the following 321 The annual normal wage that Nozizwe should earn (14) 322 The expected annual productive hours (4%) 323 The total gross wage payable to Nozizwe for the week under review (please use the basic wage and overtime premium in your calculation) [20] [TURN OVER]
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