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Mac2601 assignment 1 semester 2 2023
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- University Of South Africa (Unisa)
Principles of Management Accounting - MAC2601 assessment 1 semester 2 2023. Pass is guaranteed
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UNISA > 2023 > MAC2601-23-S2 > Welcome Message > Assessment 1QUIZ
Assessment 1
Started on Friday, 18 August 2023, 4:34 PM
State Finished
Completed on Friday, 18 August 2023, 4:57 PM
Time taken 22 mins 53 secs
Marks 25.00/25.00
Grade 100.00 out of 100.00
Question 1 Providing information needed for..is not a goal of management accounting.
Corect
Mark 1.00 out of e a. debtors
L00
P Flag question
Ob. planning
C. control
Od. decision-making
Question 2
Which one of the following is not a method that can be used to identify the components of semi
Correct variable costs?
Mark 1.00 out of
1.00
Oa. The Simple regression analysis
P Elag.guestion
b. The activity- based costing method
Oc. The scatter diagram method
od. The high-low method
Question3
The main purpose of cost volume profit analysis (CVP analysis) as a tool is ...
Correct
Mark 1.00 out of
Oa. investigate the change in profit that results from changes in total fixed manufacturing
L.00
overheads.
PElag.guestion
Ob. assist management accountants to understand how to cost a product.
C allocate fixed manufacturing overheads to different types of products manufactured by a
company.
d. investigate the change in profit that results from changes in activity levels, per unit
selling prices, per unit variable costs and total fixed cost.
Question 4
Total costs remained stable for several months while the cost per unit was increasing. This may
Correct
have been as a result of the behaviour of ...costs and a . output level.
Mark 1.00 out of
L.00
a. Fixed, decreasing
PElag.guestion
Ob. Variable, increasing
Oc. Fixed, increasing
Od. Variable, decreasing
Question 5
Which one is not an assumption on which cost flows are based?
Correct
Mark 1.00 out of
Oa. Fist-in-first-out (FIFO) method
L.00
P Elag.guestion Ob. Specific identification method
Oc. Weighted average method
d. Perpetual method
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