Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 2 I urgent need from 2.1 - 2.3 i will truly appreciate the help QUESTION TWO [20] REQUIRED 2.1 Study the information given below

image text in transcribed

Question 2

I urgent need from 2.1 - 2.3 i will truly appreciate the help

QUESTION TWO [20] REQUIRED 2.1 Study the information given below and advise Noda Enterprises whether they should accept the special order or not. Motivate your answer with the relevant calculations. (5) INFORMATION Noda Enterprises manufactures and sells study guides for learners at schools. The selling price of each study guide is R120. The company's current output is 6 000 units per month, which represents 75% of the company's production capacity of 8 000 units, The Gauteng Department of Education offered to buy 2 000 study guides as a special order at R70 each to provide to indigent learners. Fixed costs for the month amount to R210 000 and variable costs amount to R366 000. REQUIRED 2.2 Use the information given below to prepare the production budget for January, February and March 2020. (9) INFORMATION Hibe Limited's sales forecast for the first four months of 2020 indicates the following in respect of Product L: Month Units 40 000 January REGENT BUSINESS SCHOOL (RBS) - January 2020 MASTER OF BUSINESS ADMINISTRATION - ACADEMIC AND ASSESSMENT CALENDAR - DISTANCE February March 50 000 55 000 62 000 April The company's policy is to maintain an inventory at the end of each month equal to 30% of the next month's sales. 2.3 Explain THREE (3) advantages of budgets to business entities

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

Government Auditing Standards

Authors: U.S. Government Accountability Office

1st Edition

B0C9S8NVST, 979-8851147746

More Books

Students also viewed these Accounting questions