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Mac1501 Assignment 2 semester 1 2024
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Assessment 2: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=164MAC1501-24-S1 Welcome Message Assessment 2
QUIZ
Started on Tuesday, 26 March
2024, 9:15 AM
State Finished
Completed on Tuesday, 26 March
2024, 9:42 AM
Time taken 26 mins 52 secs
Marks 31.00/32.00
Grade 96.88 out of 100.00
3 21 02 5
Question 1
Correct
11 2
Mark 2.00 out of 2.00
Choose the correct word(s) from the list to
match the description.
Contains
information of
the time
(hours) worked
Timekeeping record
by an
employee and
information of
what that time
was spent on.
The costs
relating to the
preparation
and
processing of
purchasing Ordering costs
documentation
and to
receiving and
inspecting the
purchased
items.
1 of 9 2024/03/26, 09
,Assessment 2: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=164
Question 2
Correct
Mark 2.00 out of 2.00
Several costs incurred by Umshiza Golf
Equipment (Pty) Ltd are listed below.
Classify the costs given below as �xed or
variable with respect to the number of
units produced and sold:
Fixed
Salary of plant manager.
Depreciation on the
computer used by the Fixed
plant manager’s
secretary.
Question 3
Correct
Mark 2.00 out of 2.00
Complete the following statements by
choosing the correct answer:
• Absorption costing treats all
manufacturing costs (i.e., direct
materials, direct labour as well as �xed
and variable overheads) as product
costs.
• Cost driver is the
activity that causes a change in the cost
of that activity.
2 of 9 2024/03/26, 09
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