Debtors collection schedule

Question 1

What is the total mark allocation for the examination?

Answer 1

180 MARKS

Question 2

How long is the total examination duration?

Answer 2

3 HOURS (+10 minutes reading time)

Question 3

What is required during the reading time of the assessment?

Answer 3

You may make notes on your question paper, but not in your answer sheet

Question 4

True or False: Calculators may be used during reading time.

Answer 4

False

Question 5

What should be done with all pieces of paper or books submitted?

Answer 5

Ensure that your name is on all pieces of paper or books

Question 6

What phrase indicates the end of the assessment paper?

Answer 6

END OF PAPER

Question 7

What is the primary role of a financial manager?

Answer 7

Demonstrate an understanding of the primary role of a financial manager

Question 8

What analysis method is used to interpret financial results?

Answer 8

Ratio analysis

Question 9

Fill in the blank: The assessment is a _______ assessment.

Answer 9

CLOSED BOOK

Question 10

What percentage of sales is on credit for Dothraki Pty Ltd?

Answer 10

60%

Question 11

What is the cost of sales as a percentage of sales for Dothraki Pty Ltd?

Answer 11

40%

Question 12

What is the mark-up on cost percentage of Dothraki Pty Ltd?

Answer 12

Rounding needed based on provided figures

Question 13

What is the effective interest rate for Bank ABC?

Answer 13

15% compounded monthly

Question 14

What is the effective interest rate for Bank DEF?

Answer 14

12.50% compounded weekly

Question 15

What is the effective interest rate for Bank XYZ?

Answer 15

14% compounded quarterly

Question 16

Calculate the earnings per share for Stark Ltd.

Answer 16

Earnings per share calculation needed

Question 17

Calculate the earnings per share for Bolton Ltd.

Answer 17

Earnings per share calculation needed

Question 18

What is the selling price per knife for Clegane CC?

Answer 18

R80 per unit

Question 19

What is the cost of steel per kg used in knife production?

Answer 19

R550

Question 20

What is the cost of plastic per kg used in knife production?

Answer 20

R200

Question 21

What is the total variable cost per knife manufactured?

Answer 21

Calculation needed based on components

Question 22

What is the total fixed cost per month for Clegane CC?

Answer 22

Calculation needed based on components

Question 23

What is the break-even point in units for Clegane CC?

Answer 23

Calculation needed based on costs

Question 24

What is the break-even point in sales revenue for Clegane CC?

Answer 24

Calculation needed based on costs

Question 25

What is the economic order quantity (EOQ) for Stone Ltd?

Answer 25

Calculation needed based on demand and costs

Question 26

What is the total order cost at the EOQ for Stone Ltd?

Answer 26

Calculation needed based on EOQ

Question 27

What is the reorder point for Stone Ltd?

Answer 27

Calculation needed based on lead time and demand

Question 28

Should Stone Ltd accept the supplier's discount offer?

Answer 28

Explanation needed based on cost analysis

Question 29

What are the three elements of manufacturing in the production cost statement?

Answer 29

* Direct materials * Direct labor * Factory overheads

Question 30

What is the direct cost per unit for Product Red?

Answer 30

R120

Question 31

What is the direct cost per unit for Product Green?

Answer 31

R140

Question 32

What is the total product cost for Product Blue using traditional costing?

Answer 32

Calculation needed based on direct and overhead costs

Question 33

Were manufacturing overheads under or over-applied for Product Yellow?

Answer 33

Calculation needed for analysis