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Mac1501 Assignment 2 semester 1 2024

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Assessment 2: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=164




MAC1501-24-S1  Welcome Message  Assessment 2

QUIZ




Started on Tuesday, 26 March
2024, 9:15 AM
State Finished
Completed on Tuesday, 26 March
2024, 9:42 AM
Time taken 26 mins 52 secs
Marks 31.00/32.00
Grade 96.88 out of 100.00
3 21 02 5
Question 1

Correct
11 2
Mark 2.00 out of 2.00




Choose the correct word(s) from the list to
match the description.


Contains
information of
the time
(hours) worked
Timekeeping record
by an
employee and 
information of
what that time
was spent on.

The costs
relating to the
preparation
and
processing of
purchasing Ordering costs
documentation

and to
receiving and
inspecting the
purchased
items.




1 of 9 2024/03/26, 09

,Assessment 2: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=164


Question 2

Correct

Mark 2.00 out of 2.00




Several costs incurred by Umshiza Golf
Equipment (Pty) Ltd are listed below.
Classify the costs given below as �xed or
variable with respect to the number of
units produced and sold:


Fixed
Salary of plant manager.

Depreciation on the
computer used by the Fixed
plant manager’s

secretary.




Question 3

Correct

Mark 2.00 out of 2.00




Complete the following statements by
choosing the correct answer:

• Absorption costing  treats all

manufacturing costs (i.e., direct
materials, direct labour as well as �xed
and variable overheads) as product
costs.

• Cost driver  is the

activity that causes a change in the cost
of that activity.




2 of 9 2024/03/26, 09

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