-Refer to the Graph Above

question 3

Multiple Choice

-Refer to the graph above. What is the amount of the tax per unit?

• A) R80
• B) R60
• C) R40
• D) R20

---

Definitions:

Factory Overhead

Factory overhead refers to the indirect manufacturing costs not directly tied to the production of a specific product, such as utilities, depreciation, and maintenance of equipment.

Balance Sheet

A financial statement that presents a company's assets, liabilities, and shareholders' equity at a specific point in time.

Inventory

The cumulative quantity of products and materials in a company's possession intended for either production or sale.

Product Costs

Costs directly related to the manufacturing of a product, including raw materials, labor, and overhead expenses.