, USE THIS DOCUMENT AS A GUIDE TO ANSWER YOU ASSIGNMENT
MAC3701 ASSIGNMENT 2 SEMESTER 1 2026
ANSWERS
DUE DATE: 16 APRIL 2026
PART A (A-a): Income Statement for December 2025
1. Production and Output
Description Calculation Quantity
Coconuts processed Given 220 000
VCO output (L) 220 000 × 0.35 77 000
FCWater output (L) 220 000 × 0.45 99 000
Husk output (kg) 220 000 × 0.5 110 000
2. Sales Revenue
Product Quantity Price Revenue (R)
VCO 77 000 L 120 9 240 000
FCWater 99 000 L 70 6 930 000
Husk 110 000 kg 5 550 000
Total 16 720 000
3. Joint Production Costs
Cost Item Calculation Amount (R)
Raw materials 220 000 × 18 3 960 000
Labour 48 400 hrs × 90 4 356 000
Variable OH 440 × 440 193 600
Fixed OH Given 150 000
Total Joint Cost 8 659 600
4. Allocation of Joint Costs (Physical Units)
MAC3701 ASSIGNMENT 2 SEMESTER 1 2026
ANSWERS
DUE DATE: 16 APRIL 2026
PART A (A-a): Income Statement for December 2025
1. Production and Output
Description Calculation Quantity
Coconuts processed Given 220 000
VCO output (L) 220 000 × 0.35 77 000
FCWater output (L) 220 000 × 0.45 99 000
Husk output (kg) 220 000 × 0.5 110 000
2. Sales Revenue
Product Quantity Price Revenue (R)
VCO 77 000 L 120 9 240 000
FCWater 99 000 L 70 6 930 000
Husk 110 000 kg 5 550 000
Total 16 720 000
3. Joint Production Costs
Cost Item Calculation Amount (R)
Raw materials 220 000 × 18 3 960 000
Labour 48 400 hrs × 90 4 356 000
Variable OH 440 × 440 193 600
Fixed OH Given 150 000
Total Joint Cost 8 659 600
4. Allocation of Joint Costs (Physical Units)
