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Mac2601 Assignment 2 for Semester 2 (2019)

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Assignment 2 with full calculations

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University Of South Africa (Unisa)
Course
MAC2601 - Principles of Management Accounting








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Institution
University of South Africa (Unisa)
Course
MAC2601 - Principles of Management Accounting
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MAC2601 ASSIGNMENT 2
(SEMESTER 2 – 2019)
SOLUTIONS


QUESTION 1

Nyathi Bio-Electric (Pty) Ltd

Company’s contribution margin ratio for July 2019

Total contribution
Contribution ratio = x 100%
Total sales


For the month of July 2019:

Contribution margin = R205/R500 x 100%

= 41%

Workings:

(1) Calculation of variable selling and administration expenses through the high-low method

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