FAC3703 Assignment 2 of 2021

FAC3703 ASSIGNMENT 2 OF 2021
1. 4

R
Directors salaries (700 000 ∗ 2) 1 400 000
5 1 470 000
Sales managers` salaries [(280 000 ∗ 4) + (280 000 ∗ 3 ∗ 12)]
Production operators` salaries (15 ∗ 195 000) 2 925 000
5 795 000


2. 2

Sales managers` bonus provision
11 5
=[(280 000 ∗ 4 ∗ 1.055 ∗ 10% ∗ 12) + (280 000 ∗ 3 ∗ 1.055 ∗ 10% ∗ )]
12
= 𝑹𝟏𝟒𝟓 𝟐𝟑𝟖

3. 1

R
Directors salaries (700 000 ∗ 2 ∗ 10%) 140 000
Sales managers` salaries [(280 000 ∗ 4 ∗ 10%)] 112 000
Production operators` salaries (15 ∗ 195 000 ∗ 10%) 292 500
544 500


4. 5

R
5 30 843
Directors salaries (700 000 ∗ 2 ∗ 1.065 ∗ 1.055 ∗ )
255
8
Sales managers` salaries [(280 000 ∗ 7 ∗ 1.065 ∗ 1.055 ∗ 255)] 69 089
7 90 216
Production operators` salaries (15 ∗ 195 000 ∗ 1.065 ∗ 1.055 ∗ 255)
190 148


5. 4



6. 3