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MAC2601 assignment 2 semester 2 2024 (Quiz)
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MAC2601ASSIGNMENT 2 SEMESTER 2 2024Unique Number: 586577
DUE DATE: 02 September
2024 6:00PM
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Question 1
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Question text
Symphony Ltd manufactures a variety of musical instruments. The salaries/wages of the chief
executive officer of the company will be debited to the … account.
a.
salaries and wages expense
b.
direct labour
c.
work-in-progress
d.
production overheads
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is”
without any representations or warranties, express or implied. The author assumes no liability as
a result of reliance and use of the contents of this document. This document is to be used for
comparison, research and reference purposes ONLY. No part of this document may be
reproduced, resold or transmitted in any form or by any means.
, 0688120934
Question 1
Not yet answered
Marked out of 1.00
Flag question
Question text
Symphony Ltd manufactures a variety of musical instruments. The salaries/wages of the chief
executive officer of the company will be debited to the … account.
a.
salaries and wages expense
b.
direct labour
c.
work-in-progress
d.
production overheads
Clear my choice
Question 2
Not yet answered
Marked out of 1.00
Flag question
Question text
The remuneration of these employees would be classified as cost of indirect labour:
a.
Bricklayers in a construction company
b.
Machinists in a clothing manufacturer
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is”
without any representations or warranties, express or implied. The author assumes no liability as
a result of reliance and use of the contents of this document. This document is to be used for
comparison, research and reference purposes ONLY. No part of this document may be
reproduced, resold or transmitted in any form or by any means.
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