Question 1 Not vet answered Marked out of 1.00 Study the following information and fill in the missing figures Expected cost of sales for June 2018 Production projections Lily Traders supplied the projected for jugs for June 2018 Details Sales Opening inventory (01 June 2018) R15 Closing inventory (30 June 2018) The First-in-First-Out method is used to value inventories and the unit production cost per jug is R20 Select the closing stock amount from the options available below Closing stock Flag question Cost per unit R100 Number of units 6 000 400 500 R? 6 000 128 00010 000 122 000 | 118 000 Question 2 Not vet answered Marked out of 1.00 Study the information below and calculate the following ratios The following financial statements relate to Alpha limited Statement of Comprehensive Income for the year ended 30 June Flag question 2018 8 000 (2 000) 6 000 2 800 3 200 220 2 980 745 2 235 Sales (credit) Less cost sales Gross profit Operating expenses ing profit Interest expense Profit before tax ax Profit after tax MANCSA Goolams (Pty) Ltd supplies car parts Not yet answered Marked out of 1.00 Information April May January February March Flag question Sales Purchases Sales commission Wages 96 000 120 000 60000 160 000 200 000 60 000 400 100 000 400 800 50 000 160 000 1 200 800 84 000 800 600 800 Cash transactions 40 % of all sales are for cash. 35 % of all purchases are for cash. Collections for credit sales are as follows: 20% is collected in the month of sale and a 2% discount is granted on these collections 60% is collected in the month following the month of sale * 15 % collected in the second month of sale. * The remaining 5% is written off as bad debts Required: select the correct amount from the list provided for the debtor's collection schedule Question 5 Study the following information and fill in the missing figures Expected cost of sales for June 2018 Production projections Lily Traders supplied the projected for jugs for June 2018. Details Sales Not yet answered cost Marked out of 1.00 Flag question Cost per unit Number of units R100 R15 6 000 400 500 Opening inventory (01 June 2018) Closing inventory (30 June 2018) R? The First-in-First-Out method is used to value inventories and the unit production cost per jug is R20 Select the total inventory available amount from the options available below. Total inventory available 10 000 122 000 128 0006 000 118 000 Question f Not vet answered Marked out of 1.00 Study the following information and fill in the missing figures Production schedule for June 2018 Production projections Lily Traders supplied the projected for jugs for June 2018 Details Sales Opening inventory (01 June 2018) R15 Closing inventory (30 June 2018) R? The First-in-First-Out method is used to value inventories and the unit production cost per jug is R20 Select the sales forecast amount from the options available below Sales forecast Flag question Cost per unit R100 Number of units 6 000 400 500 6 0006 100 500 6 500 400 Question 10 Not yet answered Marked out of 1.00 Study the following information and fill in the missing figures: Expected cost of sales for June 2018 Production projections Lily Traders supplied the projected for jugs for June 2018 Details Sales P Flag question Cost per unit R100 Number of units 6 000 400 500 Opening inventory (01 June 2018) R15 Closing inventory (30 June 2018) R? The First-in-First-Out method is used to value inventories and the unit production cost per jug is R20 Select the expected cost of sales amount from the options available below Expected cost of sales 122 000 118 0006 000 10 000 128 000