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