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Task 4 Gates Manufacturing operations for 2021 are as follows: Per unit: Sales price Direct material cost Direct wages Variable production overhead S 100

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Task 4 Gates Manufacturing operations for 2021 are as follows: Per unit: Sales price Direct material cost Direct wages Variable production overhead S 100 36 Per month: Fixed production overhead 198 000 Fixed selling expenses 24 000 52 000 Fixed administration expenses Variable selling expenses is 10% of sales value. Normal capacity was 11 000 units per month. Sales Production January Units February Units 20 000 24 000 24.000 20 000 Using the two methods: A. Compute the unit production cost ABC Determine the value of the closing inventory (4 mark (7 mark Prepare the Marginal Income Statement and the Absorption Income Statement for Marc C. and April D. Reconcile the net profits for March and April 12 mark (3 mark TOTAL 50 MARKS

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