Details Name of driver
Date of purchase
Cost price
Accum Deprec:1 March 2020
Rate of Depreciation
Method of depreciation
Amt of revenue brought in for yr
Kilometers covered for yr
Fuel and repair cost for yr
Truck A
Jaisaran
1 March 2016
R52 000-
R41 600-
20%
Cost price
R1 080 000-
120 000
R732 000-
Truck B
Truck C
Kiasa Melisha
1 March 2018 1 Sept 2020
R205 000- R360 000-
R82 000-
RO
20%
20%
Cost price Cost price
R288 000- R306 000-
70 000 34 000
R336 000- R160 000-
1,6.(a) Use the information to identify one problem in each truck. Quote
figures and provide a solution for each problem.(9)​

Which job role belongs in the middle management level? a. president b. chief executive officer c. department manager d. chief operating officer e. vice president

The market for corn in country a is highly competitive. at the current market price of $5/bushel there is a shortage of 100,000 bushels of corn in this country. media reports claim that the price of corn will rise drastically in the near future. according to these reports, the neighboring country b had witnessed a similar situation recently. at the same price, the shortage in country b was also 100,000 bushels and eventually the equilibrium price in b went up to $10/bushel. both countries are known to have equal number of corn producers and the market supply of corn is identical at all prices. this, combined with the fact that consumers in the two countries also have similar tastes and preferences, led the media to conclude that the price of corn in country a would soon be as high as $10/bushel. the new equilibrium price turns out to be below $10/bushel, what inferences can be drawn?

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.