QUESTION 2 [15 MARKS (a) Ubuntu (Pty) Ltd manufactured inventories at a cost of R10 000 (VAT included). The inventories were sold for R15 000 (VAT included). If all inventory sales qualify as standard-rated supplies, determine the net VAT due to/ (refundable by) SARS. (b) Ubuntu (Pty) Ltd manufactured inventories at a cost of R15000 (VAT included). The inventories were sold for R25 000 (VAT included). If all inventory sales qualify as zero-rated supplies determine the net VAT due to/ (refundable by) SARS. (c) Ubuntu (Pty) Ltd manufactured inventories at a cost of R12 000 (VAT included). The inventories were sold for R13 000. If all inventory sales are exempt supplies for VAT purposes, determine the net VAT due to/ (refundable by) SARS