Opened: Tuesday, 13 August 2024, 8:00 AM
Closes: Thursday, 15 August 2024, 11:00 PM
208217
This is an elective assessment, which forms part of Group A and will count 10% towards your year mark. This assessment
will cover learning units 1 to 5.
Attempts allowed: 2
Time limit: 1 hour
Grading method: Highest grade
Summary of your previous attempts
Attempt State Marks / 32.00 Grade / 100.00 Review
1 Finished
4,1033. 4.2 5 4 423
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If a company increases its activity within the relevant range, indicate the effect on the following costs:
Total variable cost per unit will remain the same
Total variable costs will increase
Question 2
Answer saved
Marked out of 2.00
Modise manufactures plastic toys. In determining the cost of making a toy, classify the following costs as manufacturing
overheads or non-manufacturing overheads.
Factory water and electricity bills. Manufacturing overhead
Ink for the printer that used to print monthly salary slips. Non-manufacturing overhead
Question 3
Answer saved
Marked out of 2.00
Complete the following statement by choosing the correct answer:
Prime costs and conversion costs both share direct labour as a common element of the total manufacturing
costs.
VAT charged on the purchase of materials is not considered as part of the total cost of
inventory of a VAT-registered manufacturing company.
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