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Question 1 18 Marks House of Vaal clothing is a South African national retailer and design house, offering natural and organic cotton clothing of the

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Question 1 18 Marks House of Vaal clothing is a South African national retailer and design house, offering natural and organic cotton clothing of the finest quality and comfort. The company's mission of creating fashion inspired by nature was born in a student apartment in Vanderbijlpar in 1990, and has evolved into a market leading leisurewear brand. The design and supply chain teams oversee the entire manufacturing process, from sourcing the correct fabrics to designing and creating garments that our customers love to wear. By ensuring that we know exactly where all fabric and each piece of clothing is made, we create and maintain an ethical and transparent supply chain managed from our Support Centre in Durban. House of Vaal drew up an Operating statement for April 2023 The actual results tor the proauction ana sale of UUU units appear below: The selling price per unit has increased by 10% from that which was budgeted. The company changed suppliers and the direct material cost per unit has since decreased to R9, 80 per unit. Other actual costs are listed as follows: Kequired Draw up a performance report for House of Vaal Clothing. NB: Round off cost per unit to three decimal and final amount to the nearest value

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