Question $3($MARGINAL AND ABSORTION COSTING$)(25$ marks$)$

Tsatsaldinho Pty Ltd manufactures a single product $.$ The particulars for April $2024$ are as follows.

$\backslash$table$[[$Item$,$Value$],[$Selling price per unit,R$200],[$Units manufactured,$37500$ units$],[$Units sold,$30000$ Units$],[$Manufacturing Costs,$],[$Variable manufacturing costs,R$937500],[$Fixed manufacturing costs,R$375000],[$Selling and Administration Costs,R$187500],[$Variable selling costs $($R$5$ per unit$),$R$100000],[$Fixed selling costs,R$25000],[$Fixed Administration costs,$]]$

Required

$3\mathrm{.}1$ Prepare the statement of comprehensive income for April $2024$ for Tsatsaldinho Pty Ltd to show the net profit under the following costing methods

$($a$)$ Marginal costing method $($Variable costing method$)[10]$

$($b$)$ Absorption costing method $($Total costing method$)[10]$

Show all the workings including the manufacturing cost per unit

$3\mathrm{.}2$ Reconcile the differences between net profits under marginal costing method and absorption costing method.

$5$

$\backslash$table$[[$Dameline Individual Assignment,Page $4$ of $7]]$

Question $4($COST VOLUME PROFIT ANALYSIS$)(25$ marks$)$

Munyaradzi $($Mogomotsi$)$ Pty Ltd is a company that manufactures cosmetics products for Pretoria and Gauteng clients. The following information has been provided by the CEO for the company for the year ending $31$ December $2023.$

$\backslash$table$[[$Item$,$Value$],[$Sales$,$R$7500000],[$Total Variable Costs,R$4500000],[$Selling Price per unit,R$500$ per unit$],[$Tota Fixed Costs,R$20000000]]$

Required

$4\mathrm{.}1$ Calculate the number of units sold

$4$

$4\mathrm{.}2$ Calculate total contribution for the year sold

$[4]$

$4\mathrm{.}3$ Calculate the net profit for the year sold

$[4]$

$4\mathrm{.}4$ Calculate the contribution ratio for the year sold

$[4]$

$4\mathrm{.}5$ Calculate the Break$-$even point in Units and Break even point in value sold

$[4]$

$4\mathrm{.}6$ Calculate the margin of safely in units and margin of safety in value. sold

$[5]$

Show all the workings and formulas used to do the calculation above for Question $4$