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Mac3701 Assignment 1 Semester 1 2024 4,57 €   Añadir al carrito

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Mac3701 Assignment 1 Semester 1 2024

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  • 9 de marzo de 2023
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Por: portiamphahlele • 7 meses hace

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Por: ntobeziningimncube • 7 meses hace

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3/24/24, 4:25 PM Assessment 1: Attempt review




MAC3701-24-S1  Welcome Message  Assessment 1

QUIZ




Started on Sunday, 24 March
2024, 3:52 PM
State Finished
Completed on Sunday, 24 March
2024, 4:24 PM
Time taken 32 mins 18 secs




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=16312694&cmid=849348 1/20

,3/24/24, 4:25 PM Assessment 1: Attempt review

Question 1

Complete

Marked out of 1.00




Tshintsha (Pty) Ltd is a manufacturer of three
types of inverters namely grid-tied, off-grid and
hybrid inverters. Tshintsha uses an absorption
costing system. The following information is
available for the financial year ended 29
February 2024:

Product Grid- Off- Hybrid
tied grid

Budgeted number of 10 00015 000 20 000
inverters produced

Actual number of 8 00016 000 21 000
inverters produced

Budgeted machine 1,25 1,0 1,4
hours per unit

Actual machine hours 1,2 1,1 1,3
per unit



1. The fixed manufacturing overheads
(FMO) are allocated to products based
on the machine time spent. The total
budgeted FMO for the year was
R13 014 750 and the total actual FMO
was R12 498 600.
2. There was no budgeted or actual
opening or closing inventory of any type.




The budgeted FMO allocation rate per machine
hour (rounded to two decimal places) for the
2024 financial year was:


Select one:
a. R238,80

b. R229,33

c. R225,20

d. None of the options

e. R234,50




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=16312694&cmid=849348 2/20

, 3/24/24, 4:25 PM Assessment 1: Attempt review

Question 2

Complete

Marked out of 1.00




Tshintsha (Pty) Ltd is a manufacturer of
three types of inverters namely grid-tied,
off-grid and hybrid inverters. Tshintsha
uses an absorption costing system. The
following information is available for the
financial year ended 29 February 2024:

Product Grid- Off- Hybrid
tied grid

Budgeted number 10 000 15 20 000
of inverters 000
produced

Actual number of 8 000 16 21 000
inverters produced 000

Budgeted machine 1,25 1,0 1,4
hours per unit

Actual machine 1,2 1,1 1,3
hours per unit



1. The fixed manufacturing overheads
(FMO) are allocated to products
based on the machine time spent.
The total budgeted FMO for the
year was R13 014 750 and the total
actual FMO was R12 498 600.
2. There was no budgeted or actual
opening or closing inventory of any
type.



For this question only assume that the
FMO allocation rate per machine hour is
R200

The FMO allocated to product Grid-tied in
the Actual statement of profit and loss
for the 2024 financial year is:


Select one:
a. R2 500 000

b. None of the options

c. R2 400 000

d. R2 000 000

e. R1 920 000




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=16312694&cmid=849348 3/20

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