MAC701
Assignment 1 QUIZ Semester 1 2026
Unique Number:
Due Date: 26 March 2026
DISCLAIMER & TERMS OF USE
Educational Aid: These study notes are intended to be used as educational resources and should not be seen as a
replacement for individual research, critical analysis, or professional consultation. Students are encouraged to perform
their own research and seek advice from their instructors or academic advisors for specific assignment guidelines.
Personal Responsibility: While every effort has been made to ensure the accuracy and reliability of the information in
these study notes, the seller does not guarantee the completeness or correctness of all content. The buyer is
responsible for verifying the accuracy of the information and exercising their own judgment when applying it to their
assignments.
Academic Integrity: It is essential for students to maintain academic integrity and follow their institution's policies
regarding plagiarism, citation, and referencing. These study notes should be used as learning tools and sources of
inspiration. Any direct reproduction of the content without proper citation and acknowledgment may be considered
academic misconduct.
Limited Liability: The seller shall not be liable for any direct or indirect damages, losses, or consequences arising from
the use of these notes. This includes, but is not limited to, poor academic performance, penalties, or any other negative
consequences resulting from the application or misuse of the information provided.
, MAC3701-26-S1 Welcome Message Assessment 1
QUIZ
Question 1
Not yet answered
Marked out of 1.00
Lebo Ndlovu (“LN”) is has a small online fabric shop specialising in dressmaking fabrics. She sells two types of fabric,
measured and sold per metre. She has asked for your assistance with the management accounting aspects of her business
and provided you with the following budgeted information:
Details Cotton Premium Total
Linen
R R R
Annual Target Profit 120 000
Selling Price per meter 120 180
Fabric Purchase cost per meter 60 90
Labour cost per hour 48 48
Variable cutting and packaging cost per meter 8 12
Monthly shop rental 3 600
Monthly utilities 1 200
Monthly insurance 900
Monthly Website hosting 750
Additional Information:
· For every 1 metre of premium linen sold, LN expects to sell 3 metres of cotton fabric.
· Cotton Fabric requires 4 minutes of labour per meter, and Premium Linen Fabric requires 6 minutes of labour per meter.
· Variable selling cost are 2,5% of the selling price
LN’s budgeted annual total fixed costs to be used in the calculation of the break-even point are:
a. None of the options
b. R6 450
c. R66 600
d. R68 400
e. R77 400
Clear my choice
Assignment 1 QUIZ Semester 1 2026
Unique Number:
Due Date: 26 March 2026
DISCLAIMER & TERMS OF USE
Educational Aid: These study notes are intended to be used as educational resources and should not be seen as a
replacement for individual research, critical analysis, or professional consultation. Students are encouraged to perform
their own research and seek advice from their instructors or academic advisors for specific assignment guidelines.
Personal Responsibility: While every effort has been made to ensure the accuracy and reliability of the information in
these study notes, the seller does not guarantee the completeness or correctness of all content. The buyer is
responsible for verifying the accuracy of the information and exercising their own judgment when applying it to their
assignments.
Academic Integrity: It is essential for students to maintain academic integrity and follow their institution's policies
regarding plagiarism, citation, and referencing. These study notes should be used as learning tools and sources of
inspiration. Any direct reproduction of the content without proper citation and acknowledgment may be considered
academic misconduct.
Limited Liability: The seller shall not be liable for any direct or indirect damages, losses, or consequences arising from
the use of these notes. This includes, but is not limited to, poor academic performance, penalties, or any other negative
consequences resulting from the application or misuse of the information provided.
, MAC3701-26-S1 Welcome Message Assessment 1
QUIZ
Question 1
Not yet answered
Marked out of 1.00
Lebo Ndlovu (“LN”) is has a small online fabric shop specialising in dressmaking fabrics. She sells two types of fabric,
measured and sold per metre. She has asked for your assistance with the management accounting aspects of her business
and provided you with the following budgeted information:
Details Cotton Premium Total
Linen
R R R
Annual Target Profit 120 000
Selling Price per meter 120 180
Fabric Purchase cost per meter 60 90
Labour cost per hour 48 48
Variable cutting and packaging cost per meter 8 12
Monthly shop rental 3 600
Monthly utilities 1 200
Monthly insurance 900
Monthly Website hosting 750
Additional Information:
· For every 1 metre of premium linen sold, LN expects to sell 3 metres of cotton fabric.
· Cotton Fabric requires 4 minutes of labour per meter, and Premium Linen Fabric requires 6 minutes of labour per meter.
· Variable selling cost are 2,5% of the selling price
LN’s budgeted annual total fixed costs to be used in the calculation of the break-even point are:
a. None of the options
b. R6 450
c. R66 600
d. R68 400
e. R77 400
Clear my choice
