MAC2601 exam pack (MAC2601)

EXAM Question 1 (20 marks, 24 minutes) Gupta Gate (Pty) Ltd manufactures and sells bullet proof vests. The following information is available for 2013 (actual) and 2014 (budget). 2013 2014 Production (units) 2 000 3 000 Sales (units) 1 800 2 500 Opening inventory (Beginning of 2013) (units) 1 500 R R Variable cost per unit: Manufacturing 25 28 Direct labour 10 15 Selling cost 5 5.5 40 38.5 Fixed costs: Manufacturing overheads 25 000 39 000 Selling and administrative costs 25 000...