X Link - Student H X Content X 7986998 S7986996 X 5 et01-Xythos.s3.eu-central-1.amazonaws.com/5c04f198cda22/7986998?response-cache-control-private%2C%20max Integrated assignment (Accounting 200 & Taxation 200) Task A (26 MARKS) The philosophy of Khoza Bazaar (Pty) Ltd is to offer competitive prices, good value and a complete one-stop shopping experience. Their mission is to become the shopping destination of choice for customers in the lower to middle economic sector. Their vision is to expand and open up more stores in Gauteng and in other provinces within the next 3 years. In order to fulfill their mission to provide competitive prices, they are expanding their product range to also provide House brand canned foods. It is their intention to manufacture these products themselves. You are a newly qualified CA and have been appointed to the finance department of Khoza Bazaar (Pty) Ltd as the assistant financial accountant. At a finance department meeting at the beginning of 2019, Jackson Khoza introduced everyone to the mission and vision of the company. At the meeting he provided the following information regarding the manufacturing of canned products: The company will start to manufacture three lines of canned products in the current reporting period (2020) - canned mixed fruit canned mixed vegetables and canned tomato and onions Some of the raw materials are not available in South Africa and will have to be imported. Khoza Bazaar will have to lease a machine that will be used in the canning process for the three different lines. A section of the warehouse that is not currently being utilised and will be converted into factory space for the canning process. . The manufacturing of canned products as well as opening more stores and expanding into Gauteng and other provinces will require significant capital and Khoza Bazaar is looking for innovative ways to fund these visions $ 6 8 9 X Link - Student H X Content X 7986998 S7986996 X 5 et01-Xythos.s3.eu-central-1.amazonaws.com/5c04f198cda22/7986998?response-cache-control-private%2C%20max Integrated assignment (Accounting 200 & Taxation 200) Task A (26 MARKS) The philosophy of Khoza Bazaar (Pty) Ltd is to offer competitive prices, good value and a complete one-stop shopping experience. Their mission is to become the shopping destination of choice for customers in the lower to middle economic sector. Their vision is to expand and open up more stores in Gauteng and in other provinces within the next 3 years. In order to fulfill their mission to provide competitive prices, they are expanding their product range to also provide House brand canned foods. It is their intention to manufacture these products themselves. You are a newly qualified CA and have been appointed to the finance department of Khoza Bazaar (Pty) Ltd as the assistant financial accountant. At a finance department meeting at the beginning of 2019, Jackson Khoza introduced everyone to the mission and vision of the company. At the meeting he provided the following information regarding the manufacturing of canned products: The company will start to manufacture three lines of canned products in the current reporting period (2020) - canned mixed fruit canned mixed vegetables and canned tomato and onions Some of the raw materials are not available in South Africa and will have to be imported. Khoza Bazaar will have to lease a machine that will be used in the canning process for the three different lines. A section of the warehouse that is not currently being utilised and will be converted into factory space for the canning process. . The manufacturing of canned products as well as opening more stores and expanding into Gauteng and other provinces will require significant capital and Khoza Bazaar is looking for innovative ways to fund these visions $ 6 8 9