Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help with 3.1 and 3.2 QUESTION 3 Answer the questions from ne information provided 1.1 Claritate each of the following independently from the Intermation

image text in transcribed

please help with 3.1 and 3.2

QUESTION 3 Answer the questions from ne information provided 1.1 Claritate each of the following independently from the Intermation provided below 3.1.1 Break even value using the core buson margin rato 3.12 The increase in operating product sales increase by R60 000 2.1.3 Margin of safety count) 3.14 Total Contribution Margin and Operating Profit (Loss), the selling price increases by 10% and advertising costs increase by R20 000 INFORMATION (2 marks) marius) marks) Cookalte Ltd manufactures pots. The following information was extracted from the budget for the month ended 31 December 2022 Expected sales are 3 000 units at R300 per unit. The direct materials cost, direct labour cost and variable manufacturing overheads costare estimated st R210 000, R150 000 and RSO 000 respectively. Fixed manufacturing overheads and fixed administration costs we expected to total R160 000 and R80 000 respectively. Variable selling and administration costs an estimated at 10% of sales. (4 marks) 3.2 Use the Information given below to calculate the following independently 3.2.1 The selling price per unt that wil realise an operating profit of R720 000 322 The number of units that must be sold in order to eam an operating profit of R720 000, the seling price increases by 10% and fixed costs increase by R87 000 INFORMATION (4 marks) The following information regarding Todi Lad, which manutactures only one product, 's available for 2022. Ton Lid expects to sell 8 000 unts at R400 per unt Each unit requires 4 kg of materials at a cost of R25 per kg and 0.5 hours of direct labour at a cost of R50 per hout. Variable manutacturing overheads are estimated at R40 per direct labour hour. Faed costs are budgeted at R1 600 000 QUESTION 3 Answer the questions from ne information provided 1.1 Claritate each of the following independently from the Intermation provided below 3.1.1 Break even value using the core buson margin rato 3.12 The increase in operating product sales increase by R60 000 2.1.3 Margin of safety count) 3.14 Total Contribution Margin and Operating Profit (Loss), the selling price increases by 10% and advertising costs increase by R20 000 INFORMATION (2 marks) marius) marks) Cookalte Ltd manufactures pots. The following information was extracted from the budget for the month ended 31 December 2022 Expected sales are 3 000 units at R300 per unit. The direct materials cost, direct labour cost and variable manufacturing overheads costare estimated st R210 000, R150 000 and RSO 000 respectively. Fixed manufacturing overheads and fixed administration costs we expected to total R160 000 and R80 000 respectively. Variable selling and administration costs an estimated at 10% of sales. (4 marks) 3.2 Use the Information given below to calculate the following independently 3.2.1 The selling price per unt that wil realise an operating profit of R720 000 322 The number of units that must be sold in order to eam an operating profit of R720 000, the seling price increases by 10% and fixed costs increase by R87 000 INFORMATION (4 marks) The following information regarding Todi Lad, which manutactures only one product, 's available for 2022. Ton Lid expects to sell 8 000 unts at R400 per unt Each unit requires 4 kg of materials at a cost of R25 per kg and 0.5 hours of direct labour at a cost of R50 per hout. Variable manutacturing overheads are estimated at R40 per direct labour hour. Faed costs are budgeted at R1 600 000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sound Investing, Chapter 24 - The Auditors??? Opinion

Authors: Kate Mooney

2nd Edition

0071719466, 9780071719469

More Books

Students also viewed these Accounting questions

Question

How does a retail CD differ from a wholesale CD? (LG 12-2)

Answered: 1 week ago

Question

Know the components of a position description

Answered: 1 week ago

Question

Explain the value of a true open-door policy

Answered: 1 week ago