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Mac2601 Semester 2 2023 assignment 1

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12 pages
2023/2024 Written for academic year
Institution University Of South Africa (Unisa)
Course Principles of Management Accounting
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Mac2601 assignment 1 semester 2 2023

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UNISA  2023  MAC2601-23-S2  Welcome Message  Assessment 1

QUIZ




Started on Thursday, 17 August 2023, 9:08 AM
State Finished
Completed on Thursday, 17 August 2023, 9:37 AM
Time taken 29 mins 19 secs
Marks 21.00/25.00
Grade 84.00 out of 100.00


Question 1
Correct

Mark 1.00 out of 1.00




What is a common element of both prime and conversion costs?


a. Direct materials

b. Fixed production overheads

c. Direct labour 

d. Variable production overheads




Question 2
Correct

Mark 1.00 out of 1.00




Which costs are not included in the variable costing of inventory?


a. Direct material

b. Fixed production overheads 

c. Direct labour

d. Variable production overheads




Question 3
Correct

Mark 1.00 out of 1.00




Which costs are not included in the absorption costing of inventory?


a. Variable selling costs 

b. Direct labour

c. Direct materials

d. Variable production overheads

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