Use the information given below to calculate each of the following independently 3.2 Margin of safety (as a percentage; expressed to two decimal places) INFORMATION Slumber Limited manufactures beds. The following information was extracted from the budget for 2024: Expected production and sales (units) 1 200 Selling price per bed R6 000 Direct materials cost per bed R1 700 Direct labour cost per bed R860 Variable manufacturing overheads cost per bed R320 Fixed manufacturing overheads cost R1 084 800 Sales commission (as a percentage of the selling price) 20% Fixed administrative and selling costs R720 000 PLEASE PUT THE ANSWER IN RANDS
Use the information given below to calculate each of the following independently 3.2 Margin of safety (as a percentage; expressed to two decimal places) INFORMATION Slumber Limited manufactures beds. The following information was extracted from the budget for 2024: Expected production and sales (units) 1 200 Selling price per bed R6 000 Direct materials cost per bed R1 700 Direct labour cost per bed R860 Variable manufacturing overheads cost per bed R320 Fixed manufacturing overheads cost R1 084 800 Sales commission (as a percentage of the selling price) 20% Fixed administrative and selling costs R720 000 PLEASE PUT THE ANSWER IN RANDS
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter3: Cost Behavior And Cost Forecasting
Section: Chapter Questions
Problem 19BEA: Using High-Low to Calculate Predicted Total Variable Cost and Total Cost for a Time Period That...
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Use the information given below to calculate each of the following independently
3.2 Margin of safety (as a percentage; expressed to two decimal places)
INFORMATION
Slumber Limited manufactures beds. The following information was extracted from the budget for 2024:
Expected production and sales (units) 1 200
Selling price per bed R6 000
Direct materials cost per bed R1 700
Direct labour cost per bed R860
Variable
Fixed manufacturing overheads cost R1 084 800
Sales commission (as a percentage of the selling price) 20%
Fixed administrative and selling costs R720 000
PLEASE PUT THE ANSWER IN RANDS
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