2017 mock exam Study guides, Study notes & Summaries

MOCK EXAM 2017 FOR PYC4804

MOCK EXAMINATION: Assignment 07: Scenario information Module: HMPYC80 Date: 2017-09-28 Time: 09:00 – 12:00 PROCEDURE This document contains the scenario information required to answer the examination questions on SAmigo. Remember the procedure required to complete and submit the online examination differs from the procedures normally used to submit assignments on myUnisa. Make sure you understand the procedures described below. The online examination paper consists of scenario informat...

QUESTION 1 Peter is domiciled in Pretoria. While on a holiday in Durban, Peter is involved in a motor vehicle accident with Portia who failed to stop at a stop street. Portia is domiciled in Johannesburg and owns a flat in Cape Town. Peter suffered damages to this vehicle due to the collision in the amount of R500 000. Bear these facts in mind and answer the following questions. Give full reasons for each answer. (a) May Peter institute proceedings for damages against Portia in the Johannesbu...

Question 11Haverhill Products just completed job number 440. In addition to direct labour and direct materials cost, Haverhill allocated $450 of manufacturing overhead to the job. Please provide the journal entry for the allocation of overhead.Question 12Chambers Company sells glass vases at a wholesale price of $2.50 per unit. Variable cost is $1.75 per unit. Chambers' fixed costs are $6 500 per month. Chambers is currently selling 15 000 units per month. If Chambers wants to increase net profi...

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MOCK EXAM 2017