FROM DWEDRENT GOMFANIES. 1. Mafu 1j5h School is in apod of a new photocopying machine. The School Governing Body (SOB) of Mafs High Sethool requeste the Grade 11 Muthematical liferacy chats to imvestgate varlous thethens from different suppliers to find the moat atfordablo photocopying machine for the nchool. The ANNEXURE attached shows quotations frou four different companies. You will need the information in these quotations to answer the quedions. Study QUOTATION 1 in the ANNEXURE and answer the questions that follow. 1.1 Explain the tern "quotation" according to the context. (2) 1.2 Use the amounts in quotation 1 and write down the formula that cen be used to determine the total monthly cost to make " \( n \) " copies, (Where \( n \) is the number of copies made). (2) 1.3 Write the acronym VAT in full, and explain what VAT is. (4) 1.4 One of the SGB members of Mafu High School states that the school will pay the same amount if 5000 copies are made per month, whether you first calculate the VAT on the rent and price per copy before you get The total, as opposed to when you first add the total cost and then add VAT. Use calculations to verify if this statement made by the SQB mumber is correct or not. Complete TABLE 1 and TABLE 2, as well as the additional values at TABLE 2, as part of your investigation. Use the tables on the answer shect for this. Do not round off any of your answers, unless stated Othenvise (last column of table 2). 1. 5 Use TABLE 2 and draw a graph of total monthly cost (rounded to the nearest whole number) against number of copies made for the first quotation by CC Copiers on the grid provided on the ANSWER SHEET.
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Quotations in a business context are offers from suppliers outlining the price and terms for products or services. They usually include details like quantities, pricing, conditions of sale, and any additional costs, which helps purchasers like the SGB of Mafu High School make informed financial decisions. Essentially, it's a way for schools or businesses to compare different options before making a commitment! To determine the total monthly cost for making \( n \) copies, the formula can be crafted as follows: **Total Cost = Fixed Monthly Rent + (Price per Copy × n) + VAT** Here, the Fixed Monthly Rent is the cost associated with operating the photocopying machine, Price per Copy is the cost per individual copy, and VAT is the Value-Added Tax that applies to the overall purchase. Now you’re on your way to solving some cost conundrums!