Question 17 Not yet answered Marked out of 2.00 Flag question Jane earned a basic salary of N$5 000 and overtime of N$1 200 in August. In addition, she receives a transport allowance of N$300 per month. Her pension fund contribution is 7.5% of basic salary, medical aid contribution is N$250 and she pays tax at 25% of taxable income. What was her net salary in August? (round off your answer to the nearest whole number) Answer: Question 21 Not yet answered Marked out of 2.00 Flag question Shoe Repair Trading uses a piecework and time-based system to pay its employees. Employees are paid N$20 for replacing a shoe sole. The hourly rate is N$5 for a daily 7 hours shift. Mr Shoemaker managed to replace the sole of 25 shoes on Tuesday last week in 7 hours. Using the piecework system what was Mr. Shoemaker's wage for that Tuesday? Answer: Question 19 Not yet answered Marked out of 2.00 Flag question A manufacturing firm has two production cost centres: A (20 workers) and B (30 workers), and one Cafeteria (10 workers). At the beginning of the year, the company estimated that the manufacturing overhead costs for two production cost centre: A and B, would be N$545 500 and N$455 000, respectively. The company also estimated that the manufacturing overhead costs for Cafeteria centre would be N$350 000. When the secondary apportionment of the overheads of the service cost centre is done, the amount to be apportioned to Cost Centre B from Cafeteria is: Answer: Question 20 Not yet answered Marked out of 2.00 Flag question A company absorbs factory overheads at a rate of N$25 per direct labour hour. At the beginning of the year, the company estimated that the direct labour hours were 10 000 hours. During the year, the actual direct labour hours and actual manufacturing overheads costs incurred were 12 000 hours and NS350 000, respectively. The amount of factory overheads charged during the period was: Answer: Question 22 Not yet answered Marked out of 2.00 Flag question Overton Ltd uses predetermined overhead cost rates in its costing system. The cost rate is calculated as a cost per direct labour hour. During the year, the company incurred 25 000 in actual direct labour hours and the company charged N$250 000 in manufacturing overhead costs. The budgeted manufacturing overhead rate used during the past year was