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QUESTION 3 (20 MARKS) REQUIRED the balance is for cash. Thirty percent (30%) of the cash sales is subject to a discount of 10%. begin{tabular}{|c|c|}

image text in transcribedimage text in transcribed QUESTION 3 (20 MARKS) REQUIRED the balance is for cash. Thirty percent (30%) of the cash sales is subject to a discount of 10%. \begin{tabular}{|c|c|} \hline & - 20% in the month of sale, and these debtors receive a 5% discount. \\ \hline & ale, and the rest is \\ \hline 5. & \begin{tabular}{l} Manufacturing overheads are paid monthly. The overheads are expected to amount to R65 000 for \\ December 2023 , including R5 000 for depreciation. Manufacturing overheads are expected to increase \\ by 5% each month. \end{tabular} \\ \hline 6. & \begin{tabular}{l} Labour costs amount to R6 per unit and are paid in the month in which they are incurred. Labour costs \\ per unit are expected to increase by 9% with effect from 01 February 2024 . \end{tabular} \\ \hline 7. & \begin{tabular}{l} Materials cost R7 per unit (excluding any discounts). All the materials are purchased for cash to take \\ advantage of a discount of 7.5%. \end{tabular} \\ \hline 8. & \begin{tabular}{l} R200 000 is expected to be invested in a fixed deposit account on 01 February 2024 . Interest at 9\% \\ per annum is receivable monthly, commencing February 2024 . \end{tabular} \\ \hline 9. & \begin{tabular}{l} Selling and administrative costs are paid monthly and are expected to total R56 000 for February 2024, \\ after an increase of 12% takes place on 01 February 2024 . \end{tabular} \\ \hline \end{tabular}

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