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Exam (elaborations)

MAC1501 Assignment 1 Semester 2 2024 Whastapp 0 6 4 5 1 6 7 2 7 5 f

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MAC1501 Assignment 1 Semester 2 2024 Whastapp 0 6 4 5 1 6 7 2 7 5












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August 13, 2024
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2024/2025
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8/13/24, 11:54 AM MAC1501-24-S2: Assessment 1




UNISA  2024  MAC1501-24-S2  Welcome Message  Assessment 1

QUIZ

Assessment 1


Opened: Tuesday, 13 August 2024, 8:00 AM
Closes: Thursday, 15 August 2024, 11:00 PM


208217



This is an elective assessment, which forms part of Group A and will count 10% towards your year mark. This assessment
will cover learning units 1 to 5.



Attempts allowed: 2

Time limit: 1 hour

Grading method: Highest grade


Summary of your previous attempts
Attempt State Marks / 32.00 Grade / 100.00 Review


1 Finished
4,1033. 4.2 5 4 423




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https://mymodules.dtls.unisa.ac.za/mod/quiz/view.php?id=846637 1/2

,8/13/24, 11:54 AM MAC1501-24-S2: Assessment 1




This page is: General type: incourse. Context Quiz: Assessment 1 (context id 26465588). Page type mod-quiz-view.




https://mymodules.dtls.unisa.ac.za/mod/quiz/view.php?id=846637 2/2

,8/13/24, 11:46 AM Assessment 1 (page 1 of 3)




UNISA  2024  MAC1501-24-S2  Welcome Message  Assessment 1

QUIZ




Time left 0:39:00

Question 1
Answer saved

Marked out of 2.00




If a company increases its activity within the relevant range, indicate the effect on the following costs:


Total variable cost per unit will remain the same

Total variable costs will increase




Question 2
Answer saved

Marked out of 2.00




Modise manufactures plastic toys. In determining the cost of making a toy, classify the following costs as manufacturing
overheads or non-manufacturing overheads.


Factory water and electricity bills. Manufacturing overhead

Ink for the printer that used to print monthly salary slips. Non-manufacturing overhead




Question 3
Answer saved

Marked out of 2.00




Complete the following statement by choosing the correct answer:

Prime costs and conversion costs both share direct labour as a common element of the total manufacturing

costs.

VAT charged on the purchase of materials is not considered as part of the total cost of

inventory of a VAT-registered manufacturing company.




https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=20866923&cmid=846637 1/2

, 8/13/24, 11:46 AM Assessment 1 (page 1 of 3)

Question 4

Answer saved

Marked out of 2.00




Consider the following statements and state whether they are true or false.


Management accounting does not concern itself with monitoring and control in the organisation. False

Job costing system is most appropriate where identical goods are mass produced on a continuous basis
False
for a long time.




https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=20866923&cmid=846637 2/2

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