100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
MAC1501 Assignment 2 Solutions Second Semester 2022 $2.86
Add to cart
Quickly navigate to
Preview
  2.  
  3. University Of South Africa (Unisa)
  4.  
  5. MAC1501 - Introduction To Management Accounting (MAC1501)

Case

MAC1501 Assignment 2 Solutions Second Semester 2022

4 reviews
 273 views  11 purchases
  • Course
  • MAC1501 - Introduction To Management Accounting (MAC1501)
  • Institution
  • University Of South Africa (Unisa)

This document contains 5 versions of assignment 2 for second semester. If you come across questions that are not in this document , don’t hesitate to call or text me .

Last document update: 2 year ago

Preview 4 out of 53  pages

Document information

  • August 31, 2022
  • September 1, 2022
  • 53
  • 2022/2023
  • Case
  • Mthombeni
  • A+

Subjects

  • mac1501
  • mac1501 assignment 2

Written for

  • University of South Africa (Unisa)
  • MAC1501 - Introduction To Management Accounting (MAC1501)
All documents for this subject (61)

4  reviews

review-writer-avatar

By: sibusisomokoena83 • 2 year ago

review-writer-avatar

By: brianmmutale • 2 year ago

review-writer-avatar

By: dikgetsitsaone3 • 2 year ago

review-writer-avatar

By: fentsedikgale • 2 year ago

Seller

avatar-seller
TheTeachingMachine

Reviews received

Content preview

MAC1501
ASSIGNMENT 2
SOLUTIONS



PREPARED BY: MTHOMBENI

0767297208

, VERSION 1

Product costs consist of direct material, direct labour costs and manufacturing
overheads.

Select one:
True
False
Question 2
Correct
Mark 1.00 out of 1.00




Flag question
Question text
Merchandise consists of goods manufactured by the company with the intention of
reselling it.

Select one:
True
False
Question 3
Correct
Mark 1.00 out of 1.00




Flag question
Question text
The absorption costing method treats only variable costs as product costs.

Select one:
True
False
Question 4
Correct
Mark 1.00 out of 1.00




Flag question
Question text

,For external financial reporting purposes, production overheads must be assigned to
inventory of finished goods as well as work-in-progress.

Select one:
True
False
Question 5
Correct
Mark 1.00 out of 1.00




Flag question
Question text
The remuneration of a factory supervisor in a manufacturing plant would be classified as
cost of indirect labour.

Select one:
True
False
Question 6
Incorrect
Mark 0.00 out of 1.00




Flag question
Question text
______ is a basis for measuring the cost of goods manufactured.

Select one:

A.
Activity-based costing

B.
Absorption costing

C.
Standard costing

D.
Process costing

, Question 7
Correct
Mark 1.00 out of 1.00




Flag question
Question text
The following are all purchased inventory except for ….

Select one:

A.
Consumables


B.
finished goods


C.
Materials


D.
Merchandise

Question 8
Correct
Mark 1.00 out of 1.00




Flag question
Question text
If the cost of one unit is R25, the cost of 10 units is R250 and the cost of 100 units is R2
500, we are looking at a____ cost.

Select one:

A.
fixed

B.
step

C.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller TheTeachingMachine. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $2.86. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

56326 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$2.86  11x  sold
  • (4)
Add to cart
Added