Exam (elaborations)
MAC3701 Assignment 1 Semester 2 2024
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Assessment 1: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=205MAC3701-24-S2 Welcome Message Assessment 1
QUIZ
Started on Monday, 5 August 2024, 2:52 PM
State Finished
Completed on Monday, 5 August 2024, 3:30 PM
Time taken 38 mins 18 secs
Question 1
whatsapp 0645167275
Complete
Marked out of 1.00
whatsapp 0645167275
whatsapp 0645167275
Molomo Ltd manufactures two kinds of mouthwash, namely Antiseptic and Sensitive. The budget for the month ending 30
September 2024 is being revised. The following actual information pertains to the month ended 31 August 2024:
Details Antiseptic Sensitive
Sales units 5 000 15 000
Closing inventory units 500 1 500
Total sales for the month R300 000 R750 000
Direct labour minutes per unit 15 minutes 21 minutes
Additional information:
1. Due to a rise in material costs, Molomo has decided to increase the selling price by 15% from the 1st of September 2024
for both products.
2. There is an expected increase in sales volume of 8% per month from 1 September 2024 for both products.
3. Management has decided to keep closing inventory at 10% of monthly sales.
4. The direct labour rate of R40 per hour will increase by 6% from 1 September 2024.
Antiseptic’s total budgeted sales value for September 2024 will be:
Select one:
A. R372 600
B. R345 000
C. R324 000
D. R386 400
E. None of the options
1 of 17 2024/08/05, 15
,Assessment 1: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=205
Question 2
Complete
Marked out of 1.00
Molomo Ltd manufactures two kinds of mouthwash, namely Antiseptic and Sensitive. The budget for the month ending 30
September 2024 is being revised. The following actual information pertains to the month ended 31 August 2024:
Details Antiseptic Sensitive
Sales units 5 000 15 000
Closing inventory units 500 1 500
Total sales for the month R300 000 R750 000
Direct labour minutes per unit 15 minutes 21 minutes
Additional information:
1. Due to a rise in material costs, Molomo has decided to increase the selling price by 15% from the 1st of September 2024
for both products.
2. There is an expected increase in sales volume of 8% per month from 1 September 2024 for both products.
3. Management has decided to keep closing inventory at 10% of monthly sales.
4. The direct labour rate of R40 per hour will increase by 6% from 1 September 2024.
Sensitive’s budgeted production units for September 2024 will be:
Select one:
A. 16 320 units
B. 17 820 units
C. 14 700 units
D. 16 080 units
E. None of the options
2 of 17 2024/08/05, 15
,Assessment 1: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=205
Question 3
Complete
Marked out of 1.00
Molomo Ltd manufactures two kinds of mouthwash, namely Antiseptic and Sensitive. The budget for the month ending 30
September 2024 is being revised. The following actual information pertains to the month ended 31 August 2024:
Details Antiseptic Sensitive
Sales units 5 000 15 000
Closing inventory units 500 1 500
Total sales for the month R300 000 R750 000
Direct labour minutes per unit 15 minutes 21 minutes
Additional information:
1. Due to a rise in material costs, Molomo has decided to increase the selling price by 15% from the 1st of September 2024
for both products.
2. There is an expected increase in sales volume of 8% per month from 1 September 2024 for both products.
3. Management has decided to keep closing inventory at 10% of monthly sales.
4. The direct labour rate of R40 per hour will increase by 6% from 1 September 2024.
For this question only assume that the total budget production units for Antiseptic was 5 300 units and for Sensitive was
15 700 units. All other information remains as given
Molomo’s total budgeted direct labour cost for September 2024 will be:
Select one:
A. R289 168
B. R272 800
C. R256 432
D. R316 448
E. None of the options
3 of 17 2024/08/05, 15
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