O-LevelAccountingAccounting proceduresOct/Nov 2019Paper 2 Q320 Marks
The Primrose Garden Store has two departments: plants and tools. The following information is available for the year ended 30 September 2019. Revenue plants $252000, tools $130000 Wages plants $38000, tools $17000 Direct expenses $5730 Additional information 1 The mark-up on plants is 40%. 2 The profit margin on tools is 20%. 3 Direct expenses are apportioned to departments on the basis of revenue. REQUIRED
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