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QUESTION 1 [ 2 0 MARKS ] Gaborone Sports ( Pty ) Ltd commenced operations on January 1 , 2 0 2 4 . During
QUESTION MARKSGaborone Sports Pty Ltd commenced operations on January During the first sixmonths, they produced pairs of shoes, each priced at P As of June there were unsold pairs. The cost breakdown per pair of shoes produced is as followsDirect mater materials P per pairDirect labour PVariable factor overhead POther costs include:Sales commission per pair soldDelivery costs was P per pair soldThe company had the following fixed costs:Factory overheads PMarketing & Administration PRequiredPrepare the Gaborone Sports Income Statement for half year ending June using thefollowing approaches:a Marginal costing marksb Absorption costing marks
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