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REQUIRED Use the first-h-first-out (FIFO) methed to complete the table pronded below for the stated...

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Accounting

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REQUIRED Use the first-h-first-out (FIFO) methed to complete the table pronded below for the stated transactions INFORMATION (4 marks) The following transsctions of Max Enterprises took place during Augunt 2022 in respect of a componsert isted in production Tahle in cnmelete: 1.2 REQUIRED Use the information provided below to calculate the amount earned by Joan on 19 July 2022. ( 4 marks) INFORMATION Joan's normal wage is R360 per hour and her normal working day is B hours. The standard production time for each employee is 10 minutes per unit. On 19 July 2022, Joan's production was 60 units. Using the Halsey bonus system, a bonus of 50% of the time saved is given to Joan. 1.3 REQUIRED Use the information provided below to calculate the following variances, Each answer must indicate whethet the variance is favourable or untavourable. 1.3.1 Malerial quantity variance 1.3.2 Labour rate variance (4 marks) 1.3.3 Variable manufacturing overheads efficiency variance (4 marks) (4 tharks) INFORMATION The standard variable costs per unit (with a standard quantity of 25000 units), set by Kidman Manufacturers, for Product M are as follows: The actual costs for October 2022 are as follows

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