Question: Using the table below and Input Supply cooperative net profit of K21,700 and accumulated commission received of K1,500 you are required to calculate; (a)

Using the table below and Input Supply cooperative net profit of K21,700

Using the table below and Input Supply cooperative net profit of K21,700 and accumulated commission received of K1,500 you are required to calculate; (a) Patronage refunds for each member (b) Estimated dividend for each member (c) Estimated volumes of transactions from non members (d) Total volume of Transactions in kwacha Table 1: LUMUCO Input Supply Fertilizer member transactions 1 3 4 6. 7 8 9 10 11 12 13 14 Member No. No. of shares held 10 7 4 3 6. 4 8. 8 5 7. 6. 6. Units of fertilizer purchased 6 10 21 15 17 10 16 20 Additional information: Unit price of fertilizer; K610 per 50kg bag Commission income per unit; K3

Step by Step Solution

3.46 Rating (166 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Programming Questions!