This question constitutes three independent scenarios. SWEETS CAKES (PTY) LTD Sweets Cakes (Pty) Ltd bake wedding cakes for customers. The following information was obtained for the month of December 2020: R Opening balance - Work-in-Progress 10 000 Opening balance - Direct materials 6 500 Direct materials purchased during Dec 2020 18 800 Costs of direct materials required by the individual cakes during the month were as follows: R Cake for Jacques 4 900 Cake for Rosina 4 650 Cake for Elizabeth 3 950 The direct wages for the month (all paid in cash) were as follows: Cake for Jacques 80 labour hours @ R20 per hour Cake for Rosina 120 labour hours @ R22 per hour Cake for Elizabeth 80 labour hours @ R24 per hour Additional information: 1. Cake for Jacques and Cake for Rosina were started in December 2020. 2. Cake for Elizabeth was started during November 2020. 3. Cake for Rosina was completed during December 2020 and Rosina was invoiced for R12 000 4. A pre-determined manufacturing overhead allocation rate is R5 per direct labour hour. 5. Actual manufacturing overheads for December 2020 were R2 000. CLEAN AND SPOTLESS (PTY) LTD Clean and Spotless (Pty) Ltd operates a plant that produces four different liquid cleaning soaps, namely Dishwasher, Pine cleaner, Hand soap and Citrus cleaner, from the input of one type of raw material and water. Budgeted information for the forthcoming 2022 financial year is as follows: Product Type Output in litres Total sales value Dishwasher Pine cleaner Further processing costs (R) 180 000 172 500 0 15 000 (R) 864 000 321 750 63 675 476 475 450 000 127 500 9 000 16 000 Hand soap Citrus cleaner This question constitutes three independent scenarios. SWEETS CAKES (PTY) LTD Sweets Cakes (Pty) Ltd bake wedding cakes for customers. The following information was obtained for the month of December 2020: R Opening balance - Work-in-Progress 10 000 Opening balance - Direct materials 6 500 Direct materials purchased during Dec 2020 18 800 Costs of direct materials required by the individual cakes during the month were as follows: R Cake for Jacques 4 900 Cake for Rosina 4 650 Cake for Elizabeth 3 950 The direct wages for the month (all paid in cash) were as follows: Cake for Jacques 80 labour hours @ R20 per hour Cake for Rosina 120 labour hours @ R22 per hour Cake for Elizabeth 80 labour hours @ R24 per hour Additional information: 1. Cake for Jacques and Cake for Rosina were started in December 2020. 2. Cake for Elizabeth was started during November 2020. 3. Cake for Rosina was completed during December 2020 and Rosina was invoiced for R12 000 4. A pre-determined manufacturing overhead allocation rate is R5 per direct labour hour. 5. Actual manufacturing overheads for December 2020 were R2 000. CLEAN AND SPOTLESS (PTY) LTD Clean and Spotless (Pty) Ltd operates a plant that produces four different liquid cleaning soaps, namely Dishwasher, Pine cleaner, Hand soap and Citrus cleaner, from the input of one type of raw material and water. Budgeted information for the forthcoming 2022 financial year is as follows: Product Type Output in litres Total sales value Dishwasher Pine cleaner Further processing costs (R) 180 000 172 500 0 15 000 (R) 864 000 321 750 63 675 476 475 450 000 127 500 9 000 16 000 Hand soap Citrus cleaner This question constitutes three independent scenarios. SWEETS CAKES (PTY) LTD Sweets Cakes (Pty) Ltd bake wedding cakes for customers. The following information was obtained for the month of December 2020: R Opening balance - Work-in-Progress 10 000 Opening balance - Direct materials 6 500 Direct materials purchased during Dec 2020 18 800 Costs of direct materials required by the individual cakes during the month were as follows: R Cake for Jacques 4 900 Cake for Rosina 4 650 Cake for Elizabeth 3 950 The direct wages for the month (all paid in cash) were as follows: Cake for Jacques 80 labour hours @ R20 per hour Cake for Rosina 120 labour hours @ R22 per hour Cake for Elizabeth 80 labour hours @ R24 per hour Additional information: 1. Cake for Jacques and Cake for Rosina were started in December 2020. 2. Cake for Elizabeth was started during November 2020. 3. Cake for Rosina was completed during December 2020 and Rosina was invoiced for R12 000 4. A pre-determined manufacturing overhead allocation rate is R5 per direct labour hour. 5. Actual manufacturing overheads for December 2020 were R2 000. CLEAN AND SPOTLESS (PTY) LTD Clean and Spotless (Pty) Ltd operates a plant that produces four different liquid cleaning soaps, namely Dishwasher, Pine cleaner, Hand soap and Citrus cleaner, from the input of one type of raw material and water. Budgeted information for the forthcoming 2022 financial year is as follows: Product Type Output in litres Total sales value Dishwasher Pine cleaner Further processing costs (R) 180 000 172 500 0 15 000 (R) 864 000 321 750 63 675 476 475 450 000 127 500 9 000 16 000 Hand soap Citrus cleaner This question constitutes three independent scenarios. SWEETS CAKES (PTY) LTD Sweets Cakes (Pty) Ltd bake wedding cakes for customers. The following information was obtained for the month of December 2020: R Opening balance - Work-in-Progress 10 000 Opening balance - Direct materials 6 500 Direct materials purchased during Dec 2020 18 800 Costs of direct materials required by the individual cakes during the month were as follows: R Cake for Jacques 4 900 Cake for Rosina 4 650 Cake for Elizabeth 3 950 The direct wages for the month (all paid in cash) were as follows: Cake for Jacques 80 labour hours @ R20 per hour Cake for Rosina 120 labour hours @ R22 per hour Cake for Elizabeth 80 labour hours @ R24 per hour Additional information: 1. Cake for Jacques and Cake for Rosina were started in December 2020. 2. Cake for Elizabeth was started during November 2020. 3. Cake for Rosina was completed during December 2020 and Rosina was invoiced for R12 000 4. A pre-determined manufacturing overhead allocation rate is R5 per direct labour hour. 5. Actual manufacturing overheads for December 2020 were R2 000. CLEAN AND SPOTLESS (PTY) LTD Clean and Spotless (Pty) Ltd operates a plant that produces four different liquid cleaning soaps, namely Dishwasher, Pine cleaner, Hand soap and Citrus cleaner, from the input of one type of raw material and water. Budgeted information for the forthcoming 2022 financial year is as follows: Product Type Output in litres Total sales value Dishwasher Pine cleaner Further processing costs (R) 180 000 172 500 0 15 000 (R) 864 000 321 750 63 675 476 475 450 000 127 500 9 000 16 000 Hand soap Citrus cleaner
