-OL11012)-10-1E=12061JESTION 4 50s hot brod opeptionMajozi Traders is a business that designs and makes cane chairs. MajoziTraders employs one worker who is paid R1 800 in wages per month. Therent of the shop is R1 200 per month. On average Majozi Traders sells 50chairs every month. Majozi Traders buys the chairs for R120 each. MajoziTraders wants to make a profit of 40%.4.2.1fixed4.1.1 Calculate the cost price and the selling price of each cane chair.4.1.2The selling price of a product is affected by the cost of variousfactors.cear4.2.2Majozi Traders gives a 2% discount on all cash sales. Their cash sales inJune 2021 amounted to R45 000.ier/ vince iHow can Majozi Traders reduce the price of the cane chairs? GiveONE example.Calculate the total discount they gave their customers, and theamount after the discount.Give ONE possible reason why they are giving a discount on cashsales.Majozi Traders sold goods of R9 560, which were VAT inclusive, to itscustomers on 02 October 2021.Calculate the amount of the goods before VAT as well as the VAT amount.

Small traders, run their business with limited resources. Hence, efficient management of resources…

Majozi Traders is a business that designs and makes cane chairs. Majozi Traders employs one worker who is paid R1 800 in wages per month. The rent of the shop is R1 200 per month. On average Majozi Traders sells 50 chairs every month. Majozi Traders buys the chairs for R120 each. Majozi Traders wants to make a profit of 40%. Ө 4.1.1 bay Calculate the cost price and the selling price of each cane chair. 4.1.2 The selling price of a product is affected by the cost of various factors. vedeni How can Majozi Traders reduce the price of the cane chairs? Give ONE example.

Majozi Traders is a business that designs and makes cane chairs. Majozi Traders employs one worker who is paid R1 800 in wages per month. The rent of the shop is R1 200 per month. On average Majozi Traders sells 50 chairs every month. Majozi Traders buys the chairs for R120 each. Majozi Traders wants to make a profit of 40%. Ө 4.1.1 bay Calculate the cost price and the selling price of each cane chair. 4.1.2 The selling price of a product is affected by the cost of various factors. vedeni How can Majozi Traders reduce the price of the cane chairs? Give ONE example.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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