MAC1501 ASSIGNMENT 1 GUIDE

WRITTEN ASSIGNMENTS MUST BE EDITED TO AVOID PLAGIARISM


MAC1501 ASS 1 SEM1-

MAC1501

ASSIGNMENT 1

FIRST SEMESTER 2023

UNIQUE NUMBER 528503

DUE DATE



1. 1) True

2. 2) Compliance with legislation, laws and standards

3. 3) Salaries of sales personnel

4. 1) Rental for the Pretoria printing press

5. 2) Direct costing methods

Date Transaction Calculation of unit Balance units@ unit cost Balance Total
April cost cost
R
1 200 units @ r200 = R40 000 40 000
200 units @ r200 = R40 000
3 Purchases 50 @ R220 = R11 000 50 units @ R220 = R11 000 51 000
150 @ R200 = R30 000 50 units @ R200 = R10 000
4 Sale 50 units @ R220 = R11 000 21 000
50 units @ R200 = R10 000
50 units @ R220 = R11 000
5 Purchases 100 @ R210 = R21 000 100 units@ R210 = R21 000 42 000
50 @ R200 = R10 000 20 units @ R220 = R4 400
7 Sale 30 @ R220 = R6 600 100 units@ R210 = R21 000 25 400
8 20 @ R220 = R4 400
Sale 40 @ R210 = R8 400 60 units @ R210 = R12 600 12 600
10units @ R220 = R2 200
10 Returns inwards 10 @ R220 = R2 200 60 units @ R210 = R12 600 14 800
10units @ R220 = R2 200
13 Purchases 100 @ R215 = R21 500 60 units @ R210 = R12 600
100 units @ R215 = R21 500 36 300
10@ R220 =R2 200 20 units @ R210 = R4 200
15 Sale 40@ R210 = R8 400 100 units @ R215 = R21 500 25 700
20 @ R210 = R4 200
18 Sale 50 @ R215 = R10 750 50 units @ R215 = R10 750 10 750