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MTN-SA LTE 14:24 sbleds.ac.za PBA 4807 Module overview: Accounting for managers 25 marks Question 3...

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Accounting

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MTN-SA LTE 14:24 sbleds.ac.za PBA 4807 Module overview: Accounting for managers 25 marks Question 3 During the most recent year, Boston (Pty) Ltd has produced the following data Beginning inventory Units produced 15 400 Units sold (R125 per unit) 8 200 Variable costs per unit: Direct materials Direct labour Variable overhead Fixed costs R13 R16 R8 R23 Fixed overhead per unit produced Fixed selling and administrative R18 500 Required 1 How many units are in ending inventory? 2. Using absorption costing, calculate the per-unit product cost. What is the value of ending inventory? Using variable costing, calculate the per unit-product cost. What is the value of ending inventory? Prepare an income statement using variable costing Prepare an income statement using absorption costing 3. 4. 5

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