MAC2601 Assignment 5 (COMPLETE ANSWERS) Semester 2 2024 - DUE 11 October 2024; 100% TRUSTED Complete, trusted solutions and explanations. Ensure your success with us...
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Course
MAC2601
Institution
University Of South Africa
Book
Principles of Management Accounting
MAC2601 Assignment 5 (COMPLETE ANSWERS) Semester 2 2024 - DUE 11 October 2024; 100% TRUSTED Complete, trusted solutions and explanations. Ensure your success with us...
MAC2601 Assignment 5 (COMPLETE ANSWERS) Semester 2 2024 - DUE 11 October 2024; 100% TRUSTED Complete, trusted solutions and explanations...
MAC2601 Assignment 5 (COMPLETE ANSWERS) Semester 2 2024 - DUE 11 October 2024; 100% TRUSTED Complete, trusted solutions and explanations.
MAC3701 EXAM PACK 2024/2025 {QUESTIONS AND ANSWERS }
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MAC2601
Assignment 5
(COMPLETE
ANSWERS)
Semester 2
2024 - DUE 11
October 2024
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Exam (elaborations)
MAC2601 Assignment 5 (COMPLETE ANSWERS)
Semester 2 2024 - DUE 11 October 2024
Book
Principles of Management Accounting
MAC2601 Assignment 5 (COMPLETE ANSWERS) Semester 2 2024 - DUE
11 October 2024; 100% TRUSTED Complete, trusted solutions and
explanations. Ensure your success with us...
QUESTION 1 (15 Marks) (18 Minutes) Body Lotions (Pty) Ltd manufactures
one type of body lotion. You are provided with the following costing
information for the quarter ended 30 September 2024, which is representative
of a typical quarter for the business: Total Per unit (lotion) R R Sales Less:
Variable costs Contribution Less: Fixed expenses 180 000 Profit 15 000
REQUIRED Marks (a) Calculate the quarterly breakeven point in units and
Rand amount. (4) (b) Determine the contribution margin at breakeven point.
( 2 ) (c) Calculate the number of Body lotions that are needed to be sold in
each quarter to generate the quarterly target profit of R60 000. (2) (d)
Calculate the margin of safety in Rand terms and percentage terms for the
quarter ended 30 September 2024. (4) (e) By what percentage must Body
Lotions increase its selling price for its profit for the quarter to increase by
100%? (2) (f) Define the term contribution. (1) Total [15] Question 2 (7 Marks)
(8 Minutes) Corporate governance in South Africa is led by the King Report on
Corporate GovernanceTM. This report tasks the governing body of an
organisation with steering the direction of the organisation. The Board of
Directors (BoD) is the governing body of a company. REQUIRED Marks (a)
List seven concepts that form the foundation stones of King IVTM. (7) Total [7]
MAC2601 OCTOBER 2024 [CONFIDENTIAL] Page 7 of 10 [TURN OVER]
QUESTION 3 (25 Marks) (30 Minutes) Finish (Pty) Ltd (“Finish”) is a producer
of plastic water bottles with a 31 December yearend. As part of planning, the
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