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On 1 March 2017, J. Blane Ltd, 7 Down Road, Middlefield, sold the following goods on credit to T. Roy & Son, Ballano Golf Club, Ringlee, Yorkshire:
Order No. B/1624 sets Silver Tiger golf dubs at £1,600 per set.400 Rose golf balls at £32 per 10 balls.2 Mdlroy golf bags at £410 per bag.Trade discount is given at the rate of 30 per cent.All goods are subject to VAT at 10 per cent.
(a) Prepare the sales invoice to be sent to T. Roy & Son. The invoice number will be 3817.
(b) Show the entries in the personal ledgers of J. Blane Ltd and T. Roy & Son.
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Under variable costing, fixed manufacturing overhead is:
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