QUESTIONS $13$ ARE BASED ON THE FOLLOWING INFORMATION:

Focus Ltd is a company operating in manufacturing and distribution of electronic goods

and its operations are based in the Northwest. The company has a $31$ December year$-$

end.

All employees who work for Focus Ltd have been employed since incorporation of the

company in $2005,$ except for Lettie Smit, who was only employed from $1$ October $2023.$

All employees are entitled to two days leave per month employed at Focus Ltd$.$ The

company applies the first$-$in$-$first$-$out method on leave taken by employees, in that the

leave transferred from the previous year is taken first. Leave not taken during a financial

year, limited to a maximum of six days, can be transferred to the following financial year.

Any days exceeding the maximum days allowed to be carried forward are forfeited. The

leave days carried forward should be taken within the first three months of the following

financial year. If not taken, they will be paid out in cash to the employees on $31$ March of

each year.

Employees are entitled to a thirteenth cheque on $31$ December of every financial year.

This bonus pay$-$out is made in proportion to the number of months employed in a specific

financial year. The company has $252$ working days per year.

Information obtained

from the Human

Resources department

as at $31$ December

$2023,$ indicated the

following:

Gross

Annual

Salary

Closing balance

of leave on $31$

December $2022$

Leave days taken

during the year: $1$

Jan $202331$

December $2023$

Employee Group

Skilled workers R$1720000218$

Unskilled Workers R$930240726$

Lettie Smit R$9810006$

QUESTION $1$

The total gross salaries for the year ended $31$ December $2023$ amounted to:

$(1)$ R$2748340$

$(2)$ R$2674765$

$(3)$ R$687085$

$(4)$ R$229028$

$(5)$ R$2650240$

QUESTION $2$

The current year leave accrual as at $31$ December $2023$ amounted to:

$(1)$ R$55718$

$(2)$ R$69369$

$(3)$ R$59410$

$(4)$ R$39491$

$(5)$ R$61947$

QUESTION $3$

The total bonus paid out on $31$ December $2023$ amounted to:

$(1)$ R$205751$

$(2)$ R$229028$

$(3)$ R$222897$

$(4)$ Rnil

$(5)$ R$220853$

QUESTIONS $45$ ARE BASED ON THE FOLLOWING INFORMATION:

Floor Ltd is a company that supplies and installs d i f f e r e n t t y p e s

o f f l o o r i n g and has a $28$ February year$-$end.

On $1$ March $2022,$ Floor Ltd had $54$ employees who were earning an average

gross salary of R$25800$ p e r m o n t h $($average cost to company amounted to R$27$

$090$ per month$).$ The employees will receive an increase of $10\%$ on $1$ March

$2023.$ This will be the first increase since $1$ June $2020.$

On $1$ June $2022,$ four employees resigned who were earning a gross monthly

salary of R$10200$ each $($cost to company of R$10710$ each per month$).$ Their last

salary as well as unused vacation leave was paid to them on $30$ June $2022,$

their last working day. These four employees had three unused leave days

each as at $30$ June $2022.$

The average gross salary of the remaining $50$ employees amounted to R$27048$

per month $($average cost to company amounted to R$28400$ per month$).$

On $1$ February $2023,$ Floor Ltd employed two new employees at a gross

monthly salary of R$11640$ each $($monthly cost to company amounted to R$12$

$222$ per employee$).$ The two new employees will not receive an increase on $1$

March $2023.$

All employees of Floor Ltd are entitled to $18$ vacation leave days per financial

year. A maximum of six days may be carried over to the following financial

year after which it will lapse if not used. Unused leave days are only paid out to

employees who resign. Employees are not allowed take any vacation leave

during their last month of employment.

The following information relates to the vacation leave days per

employee as at $28$ February $2023($excluding the new employees$)$:

Unused leave days as at

$28$ February $2023$

Expected to be used during

the next financial year

$30$ employees $83$

$20$ employees $--$

The new employees have not used any of their leave for the financial year ended

$28$ February $2023$ and are expected to use all their leave during the $2024$ financial

year.

The Leave pay accrual for the year ended $28$ February $2022$ was R$57904$ and the

company has $280$ working days per year.

QUESTION $4$

The total leave paid to the four employees of Floor Ltd who resigned during the year

ending $28$ February $2023$ amounted to:

$(1)$ R$1749$

$(2)$ R$1311$

$(3)$ R$5508$

$(4)$ R$5246$

$(5)$ R$4024$

QUESTION $5$

The total movement in the leave pay accrual for the remaining employees $($excluding the

new employees & resigned employees$)$ for the year ended $28$ February $2023$ amounted

to: $($Please assume that the prior year leave pay accrual of R $57904$ only relates to the

remaining employees$)$

$(1)$ R$62593$

$(2)$ R$56857$

$(3)$ R$57035$

$(4)$ R$183090$

$(5)$ R$142925$

QUESTIONS $610$ ARE BASED ON THE FOLLOWING INFORMATION:

Construction of the Manufacturing Plant

BPharm Ltd is a pharmaceuticals company with a $30$ September financial year end. On $1$

February $2023,$ management decided to expand its operations.

BPharm Ltd is constructing a state$-$of$-$the$-$art manufacturing plant to enhance its

capabilities in developing new drugs. The construction of the