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The following case study applies to questions 1 7 - 2 0 : Betty's Biscuits ( Pty ) Ltd has been conducting some market research,

The following case study applies to questions 17-20: Betty's Biscuits (Pty) Ltd has been conducting some market research, and based on projections for next year, the owner has come up with the following statistics and requires your help with some of the aspects of their budget: Total sales units and number of units produced: Quarter 1: 125000 units Quarter 2: 250000 units Quarter 3: 175000 units Quarter 4: 200000 units Selling price per unit = R1070% of sales are for cash and the remaining 30% are on credit. Credit sales are only collected in the quarter following the sale. Each unit takes 15 minutes of labour time to make. Labourers are paid R50/hour, and are employed by the hour.
How much cash is collected from customers in Quarter 3?
Select one:
a. R1850000
b. R2225000
c. R1975000
d. R2000000
It is appropriate to judge the sales team's performance purely on whether they mee the budgeted sales amounts listed above or not.
Select one:
True
False
What is the direct labour cost for Quarter 2?
Select one:
a. R3100000
b. R3215000
c. R3300000
d. R3125000
The direct labour cost to produce the biscuits of 15 minutes per unit is a fixed cost.
Select one:
True
False
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