Calculate the profit or loss for Job XXX2 and Job XXX3, showing the steps.

Here are the profit/loss calculations for Job XXX2 and Job XXX3. Job XXX2 Profit/Loss Calculation Step 1: Calculate the total direct material cost for Job XXX2. Total Material Cost = Opening Material + Current Month Material Total Material Cost = R20\,350 + R52\,000 = R72\,350 Step 2: Calculate the total direct labour cost for Job XXX2. Total Labour Cost = Opening Labour + Current Month Labour Total Labour Cost = R17\,000 + R36\,000 = R53\,000 Step 3: Calculate the total applied overheads for Job XXX2. The current month's applied overheads are R15.00 per unit for 7 000 units. Current Month Overheads = 7\,000 units × R15.00/unit = R105\,000 Total Applied Overheads = Opening Applied Overheads + Current Month Overheads Total Applied Overheads = R32\,250 + R105\,000 = R137\,250 Step 4: Calculate the total production cost for Job XXX2. Total Production Cost = Total Material Cost + Total Labour Cost + Total Applied Overheads Total Production Cost = R72\,350 + R53\,000 + R137\,250 = R262\,600 Step 5: Calculate the total cost of sales for Job XXX2. The selling and marketing cost for Job XXX2 is R2 200. Total Cost of Sales = Total Production Cost + Selling and Marketing Cost Total Cost of Sales = R262\,600 + R2\,200 = R264\,800 Step 6: Calculate the sales revenue for Job XXX2. Job XXX2 produced 7 000 units and was invoiced at R65.00 per unit. Sales Revenue = Units Produced × Selling Price Per Unit Sales Revenue = 7\,000 units × R65.00/unit = R455\,000 Step 7: Calculate the profit for Job XXX2. Profit = Sales Revenue - Total Cost of Sales Profit = R455\,000 - R264\,800 = R190\,200 The profit for Job XXX2 is R190\,200. |l|r| Job Card: Job XXX2 & Amount (R) \\ Direct Material: & \\ Opening Balance & 20\,350 \\ Current Month & 52\,000 \\ Total Direct Material & 72\,350 \\ Direct Labour: & \\ Opening Balance & 17\,000 \\ Current Month & 36\,000 \\ Total Direct Labour & 53\,000 \\ Applied Overheads: & \\ Opening Balance & 32\,250 \\ Current Month (7 000 units × R15.00) & 105\,000 \\ Total Applied Overheads & 137\,250 \\ Total Production Cost & 262\,600 \\ Selling and Marketing Cost & 2\,200 \\ Total Cost of Sales & 264\,800 \\ Sales Revenue (7 000 units × R65.00) & 455\,000 \\ Profit & 190\,200 \\ Job XXX3 Profit/Loss Calculation Step 1: Calculate the total direct material cost for Job XXX3. Total Material Cost = Opening Material + Current Month Material Total Material Cost = R19\,000 + R76\,000 = R95\,000 Step 2: Calculate the total direct labour cost for Job XXX3. Total Labour Cost = Opening Labour + Current Month Labour Total Labour Cost = R16\,500 + R55\,000 = R71\,500 Step 3: Calculate the total applied overheads for Job XXX3. The current month's applied overheads are R15.00 per unit for 8 000 units. Current Month Overheads = 8\,000 units × R15.00/unit = R120\,000 Total Applied Overheads = Opening Applied Overheads + Current Month Overheads Total Applied Overheads = R36\,125 + R120\,000 = R156\,125 Step 4: Calculate the total production cost for Job XXX3. Total Production Cost = Total Material Cost + Total Labour Cost + Total Applied Overheads Total Production Cost = R95\,000 + R71\,500 + R156\,125 = R322\,625 Step 5: Calculate the total cost of sales for Job XXX3. The selling and marketing cost for Job XXX3 is R2 200. Total Cost of Sales = Total Production Cost + Selling and Marketing Cost Total Cost of Sales = R322\,625 + R2\,200 = R324\,825 Step 6: Calculate the sales revenue for Job XXX3. Job XXX3 produced 8 000 units and was invoiced at R65.00 per unit. Sales Revenue = Units Produced × Selling Price Per Unit Sales Revenue = 8\,000 units × R65.00/unit = R520\,000 Step 7: Calculate the profit for Job XXX3. Profit = Sales Revenue - Total Cost of Sales Profit = R520\,000 - R324\,825 = R195\,175 The profit for Job XXX3 is R195\,175. |l|r| Job Card: Job XXX3 & Amount (R) \\ Direct Material: & \\ Opening Balance & 19\,000 \\ Current Month & 76\,000 \\ Total Direct Material & 95\,000 \\ Direct Labour: & \\ Opening Balance & 16\,500 \\ Current Month & 55\,000 \\ Total Direct Labour & 71\,500 \\ Applied Overheads: & \\ Opening Balance & 36\,125 \\ Current Month (8 000 units × R15.00) & 120\,000 \\ Total Applied Overheads & 156\,125 \\ Total Production Cost & 322\,625 \\ Selling and Marketing Cost & 2\,200 \\ Total Cost of Sales & 324\,825 \\ Sales Revenue (8 000 units × R65.00) & 520\,000 \\ Profit & 195\,175 \\ That's 2 down. 3 left today — send the next one.