Use the information provided below to calculate the expected production cost for November 2023. (6 marks)

INFORMATION Malvern Limited manufactures Product Mac. An estimate of the number of units to be sold during November and December 2023 is given below:

November 3 000

December 3 800

It is anticipated that:

There will be no work-in-process at the end of any month.

Finished units equal to 40% of the expected sales of the following month will be in inventory at the end of each month.

The budgeted production and production costs for the year ending 31 December 2023 are as follows:

Production 36 000 units

Direct materials cost per unit R50

Direct labour cost per unit R30

Other manufacturing costs R216 000