Poma Africa Ltd manufacture te

Poma Africa Ltd manufacture tennis racquets. The company uses the job costing system to cost its production. The following information relates to Poma Africa Ltd for the month of April 2020:
Schedule of costs relating to jobs in process as at 31 March 2020
Direct Material
1 050
3 300
Direct Labour Overheads
2 100 315
5 900 920
3 465 10 120
Schedule of costs incurred on jobs during April 202
Job (No of units)
A33 (20 racquets) C23 (55 racquets) F54 (25 racquets) L49 (15 racquets)
Direct Material Direct Labour
2 400 450 11 800 2 300 3 700 690 1 300 350
Additional information
 Factory overheads are applied at a rate of 10% of total direct cost.
© The Independent Institute of Education (Pty) Ltd 2020
Page 10 of 11

19; 20
 The only job still in process at 30 April 2020 was L49. All other jobs were completed during the month.
 Job C23 was completed at a total cost of R25 630, this amount includes applied overhead costs of R1 410.
 Sales during April were as follows: A33: All 20 racquets were sold at cost plus 40% mark‐up. F54: 23 racquets were sold at a price of R290 per racquet. C23: All 55 racquets were sold at cost plus 35% mark‐up.
 Actual factory overheads for April 2020 were R3 250.
 Marketing and distribution expenses amount to R4 700 for the month of April 2020.
 Ignore spoilage.
Round to two decimal places where necessary.
Q.7.1 Calculate the cost of jobs A33 and F54 completed during April 2020. 
Q.7.2 Calculate the closing work‐in‐process as at 30 April 2020. 
Q.7.3 Calculate the net income for the month of April 2020. 
Q.7.4 Calculate the closing balance of finished goods as at 30 April 2020. 
Q.7.5 Calculate the over/under applied overhead for April 2020.

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more