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Exam (elaborations) MAC2601 - Principles Of Management Accounting (MAC2601) R51,00
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Exam (elaborations)

Exam (elaborations) MAC2601 - Principles Of Management Accounting (MAC2601)

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Exam (elaborations) MAC2601 - Principles Of Management Accounting (MAC2601) EXAM PACK MAYJUNE 2022

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  • September 15, 2022
  • 18
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
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TheEconomist
NAME




NAME:
STUDENT NUMBER




MAC2601 EXAM S1 2022
UNISA

,Question 1

1) (c)
2) (b)
3) (d)
4) (a)
5) (a)
6) (b)
7) (a)
8) (c)
9) (b)
10) (a)

, Question 2

a) Quality shoes for ALL (Pty) Ltd

Calculations pf over/under recovert

Applied overheads (20 × 8hrs × 280 days × R34 375) R1 540 000

Actual overheads R 1 605 000

Under-recovery R 65 000




Journal entirety Dr (R) CR (R)
Cost of sales 65 000
Manufacturing overheads 65 000



Workings

W1) Budgeted fixed Manufacturing overheads

Absorption rate Budgeted fixed Man

Overheads

Budgeted labour hours

R1 650 000

48 000 hours

R 34 375 per labour hour




2b) Actual Income statement of the shoes maker for the year ended 31 March 2021

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