, MAC2601 ASSIGNMENT 3 SEMESTER 2
DUE DATE: 15 SEPTEMBER 2026
QUESTION 1: T & T Mofokeng (Pty) Ltd
1. Preparatory Calculations
Calculation Working Answer
(R800 000 − R600 000) ÷ (25 000 − 15
Variable Overhead per Unit R20 per unit
000)
Total Fixed Manufacturing
R800 000 − (25 000 × R20) R300 000
Overhead
Budgeted Production for 2025 Given 20 000 units
Actual Production Given 20 000 units
Actual Sales 20 000 − 2 000 18 000 units
Closing Inventory Given 2 000 units
R350 per
Selling Price per Unit R280 × 1.25
unit
Variable Manufacturing Cost per R160 per
R80 DM + R60 DL + R20 VMO
Unit unit
Predetermined Fixed Overhead
R300 000 ÷ 20 000 units R15 per unit
Rate
R175 per
Total Absorption Unit Cost R160 + R15
unit
Under-allocated Fixed Overhead R700 000 − (20 000 × R15) R400 000
(a) Actual Income Statements for the Year Ended 31 December 2025
DUE DATE: 15 SEPTEMBER 2026
QUESTION 1: T & T Mofokeng (Pty) Ltd
1. Preparatory Calculations
Calculation Working Answer
(R800 000 − R600 000) ÷ (25 000 − 15
Variable Overhead per Unit R20 per unit
000)
Total Fixed Manufacturing
R800 000 − (25 000 × R20) R300 000
Overhead
Budgeted Production for 2025 Given 20 000 units
Actual Production Given 20 000 units
Actual Sales 20 000 − 2 000 18 000 units
Closing Inventory Given 2 000 units
R350 per
Selling Price per Unit R280 × 1.25
unit
Variable Manufacturing Cost per R160 per
R80 DM + R60 DL + R20 VMO
Unit unit
Predetermined Fixed Overhead
R300 000 ÷ 20 000 units R15 per unit
Rate
R175 per
Total Absorption Unit Cost R160 + R15
unit
Under-allocated Fixed Overhead R700 000 − (20 000 × R15) R400 000
(a) Actual Income Statements for the Year Ended 31 December 2025