RM - Mid Semester Assessment X *Homework Help - Q&A from On x PDE ACCOUNTS.pdf X + X C @ https://ucconline.ucc.edu.jm/mod/quiz/attempt.php?attempt=229937&cmid=225371 To . . . Moodle HOME COURSES . ABOUT UCC . UCC ONLINE FAQS * UCC LIBRARY . ADDITIONAL RESOURCES * EOSA Resources 54 shanique Morrison FACT208(SK21)(F22) Participants K21 2022 Fall: Cost Accounting K21 (ACT208) U Badges Dashboard / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / RM - Mid Semester Assessment - Fall 2022-Cost Accounting K21A Competencies Grades Time left 1:59:52 Quiz navigation Question 1 2 3 Which of the following is a good example of the equation or cost function that represents the variable and fixed cost relationships? 5 6 Contact Information Not yet 8 9 10 1.0: Course Outline answered 11 O a. Y= A + B(X) Marked out of 0.50 O b. A = Y + B(X) 13 14 15 16 17 18 Q 2.0: Mendez, Rupert - Flag question Section K21A O c. X = Y + (B)A 19 20 21 22 23 | 24 O d. Y = B(A) + X Unit 1 25 26 27 29 30 Unit 2: Cost 31 32 33 34 35 36 Classifications Next page 37 38 39 40 Unit 3: Costs Behaviour Finish attempt ... Unit 4: Stock Valuation Unit 5: Accounting for Decision Making Unit 6: Marginal Assignment/Test/Quiz #1-Fall 2022-Cost Accounting Jump to... Najay Murray Week 1 recording Costing vs Absorption Type here to search N m 11:11 am C 31.C ENG 25/10/2022RM - Mid Semester Assessment X *Homework Help - Q&A from On x PDE ACCOUNTS.pdf X + X C @ https://ucconline.ucc.edu.jm/mod/quiz/attempt.php?attempt=229937&cmid=225371&page=1 To . . . Moodle HOME COURSES . ABOUT UCC . UCC ONLINE FAQS * UCC LIBRARY . ADDITIONAL RESOURCES * EOSA Resources 54 shanique Morrison FACT208(SK21)(F22) Participants K21 2022 Fall: Cost Accounting K21 (ACT208) U Badges Dashboard / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / RM - Mid Semester Assessment - Fall 2022-Cost Accounting K21A Competencies Grades Time left 1:59:44 Quiz navigation 3 Contact Information Question 2 2 5 6 You are given the following information: Opening inventory 12,500 units; Closing inventory 5,000 units; Sales 75,000 units. The Not yet number of units produced during the season would be: 8 answered 9 10 11 12 1.0: Course Outline Marked out of 0.50 13 14 15 16 17 18 Q 2.0: Mendez, Rupert - Section K21A Flag question O a. 67,500 units 19 20 21 22 23 24 O b. 92,500 units Unit 1 O c. 82,500 units 25 26 27 28 29 30 Unit 2: Cost O d. 57,500 units 31 32 33 34 35 36 Classifications 37 38 39 40 Unit 3: Costs Behaviour Previous page Next page Finish attempt ... Unit 4: Stock Valuation Unit 5: Accounting for Decision Making Unit 6: Marginal Assignment/Test/Quiz #1-Fall 2022-Cost Accounting Jump to... Najay Murray Week 1 recording Costing vs Absorption Type here to search N m C 11:11 am 31.C ENG 25/10/2022RM - Mid Semester Assessment X *Homework Help - Q&A from On x PDE ACCOUNTS.pdf X + X C @ https://ucconline.ucc.edu.jm/mod/quiz/attempt.php?attempt=229937&cmid=225371&page=2 To . . . Moodle HOME COURSES . ABOUT UCC . UCC ONLINE FAQS * UCC LIBRARY . ADDITIONAL RESOURCES * EOSA Resources 54 shanique Morrison FACT208(SK21)(F22) Participants K21 2022 Fall: Cost Accounting K21 (ACT208) U Badges Dashboard / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / RM - Mid Semester Assessment - Fall 2022-Cost Accounting K21A Competencies Grades Time left 1:59:36 Quiz navigation Question 3 2 3 5 The quantity required to have desired profit is 6 Contact Information Not yet 8 answered 9 10 11 12 1.0: Course Outline O a. (Fixed cost x Desired profit)/Contribution per unit Marked out of 0.50 O b. (Fixed cost + Desired profit)/Contribution per unit 13 14 15 16 17 18 Q 2.0: Mendez, Rupert - Flag question Section K21A O c. (Fixed cost - Desired profit)/Contribution per unit 19 20 21 22 23 24 O d. Fixed cost / (Desired profit x Contribution per unit) Unit 1 25 26 27 28 29 30 Unit 2: Cost 31 32 33 34 35 36 Classifications Previous page Next page 37 38 39 40 Unit 3: Costs Behaviour Finish attempt ... Unit 4: Stock Valuation Unit 5: Accounting for Decision Making Unit 6: Marginal Assignment/Test/Quiz #1-Fall 2022-Cost Accounting Jump to... Najay Murray Week 1 recording Costing vs Absorption Type here to search N m 11:11 am C 31.C ENG 25/10/2022https://ucconline.ucc.edu.jm/mor x *Homework Help - Q&A from On x PDE ACCOUNTS.pdf X + X X @ https://ucconline.ucc.edu.jm/mod/quiz/attempt.php?attempt=229937&cmid=225371&page=3 To . . . Moodle HOME COURSES . ABOUT UCC . UCC ONLINE FAQS * UCC LIBRARY . ADDITIONAL RESOURCES * EOSA Resources 54 shanique Morrison FACT208(SK21)(F22) Participants K21 2022 Fall: Cost Accounting K21 (ACT208) U Badges Dashboard / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / RM - Mid Semester Assessment - Fall 2022-Cost Accounting K21A Competencies Grades Question 4 A company has established a marginal costing profit of $1,500,000. Opening inventory was 600 units and closing inventory was 1,000 Quiz navigation Not yet units. The fixed overhead absorption rate has been calculated as $50 per unit. What would be the profit if absorption costing had been 2 5 6 Contact Information answered used? Marked out of 8 9 10 11 12 1.0: Course Outline 0.50 O a. $1,520,000 Flag question 13 14 15 16 17 18 Q 2.0: Mendez, Rupert - O b. $1,450,000 Section K21A O c. $1,480,000 19 20 21 22 23 24 O d. $1,530,000 Unit 1 25 26 27 28 29 30 Unit 2: Cost 31 32 33 34 35 36 Classifications Previous page Next page 37 38 39 40 Unit 3: Costs Behaviour Finish attempt .. Unit 4: Stock Valuation Unit 5: Accounting for Decision Making Unit 6. Marginal Waiting for developer.livehelpnow.net.. Type here to search N m C ENG 11:11 am 31 . C 25/10/2022RM - Mid Semester Assessment X *Homework Help - Q&A from On x PDE ACCOUNTS.pdf X + X C @ https://ucconline.ucc.edu.jm/mod/quiz/attempt.php?attempt=229937&cmid=225371&page=4 To . . . Moodle HOME COURSES . ABOUT UCC . UCC ONLINE FAQS * UCC LIBRARY . ADDITIONAL RESOURCES * EOSA Resources 54 shanique Morrison FACT208(SK21)(F22) Participants K21 2022 Fall: Cost Accounting K21 (ACT208) U Badges Dashboard / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / RM - Mid Semester Assessment - Fall 2022-Cost Accounting K21A Competencies Grades Time left 1:59:19 Quiz navigation 2 3 Contact Information Question 5 5 6 Cost accounting emerged mainly due to: Not yet 8 answered 9 10 11 12 1.0: Course Outline O a. Statutory requirements. Marked out of 0.50 O b. Limitations of financial accounting. 13 14 15 16 17 18 Q 2.0: Mendez, Rupert - Flag question Section K21A O c. Market competition. 19 20 21 22 23 24 O d. Labour unrest. Unit 1 25 26 27 28 29 30 Unit 2: Cost 31 32 33 34 35 36 Classifications Previous page Next page 37 38 39 40 Unit 3: Costs Behaviour Finish attempt ... Unit 4: Stock Valuation Unit 5: Accounting for Decision Making Unit 6: Marginal Assignment/Test/Quiz #1-Fall 2022-Cost Accounting Jump to... Najay Murray Week 1 recording Costing vs Absorption Type here to search N m 11:11 am C 31.C ENG 25/10/2022RM - Mid Semester Assessment X *Homework Help - Q&A from On x PDE ACCOUNTS.pdf X + X C @ https://ucconline.ucc.edu.jm/mod/quiz/attempt.php?attempt=229937&cmid=225371&page=5 To . . . Moodle HOME COURSES . ABOUT UCC . UCC ONLINE FAQS * UCC LIBRARY . ADDITIONAL RESOURCES * EOSA Resources 54 shanique Morrison FACT208(SK21)(F22) Participants K21 2022 Fall: Cost Accounting K21 (ACT208) U Badges Dashboard / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / RM - Mid Semester Assessment - Fall 2022-Cost Accounting K21A Competencies Grades Time left 1:59:12 Quiz navigation Contact Information Question 6 2 3 If sales revenue is $35,000, fixed cost is $5,000, and net operating income is $10,000, what is the contribution margin? 5 6 Not yet 8 answered 9 10 11 12 1.0: Course Outline O a. $30,000 Marked out of 0.50 O b. $15,000 13 14 15 16 17 18 Q 2.0: Mendez, Rupert - Flag question Section K21A O c. $20,000 19 20 21 22 23 24 O d. $5,000 Unit 1 25 26 27 28 29 30 Unit 2: Cost 31 32 33 34 35 36 Classifications Previous page Next page 37 38 39 40 Unit 3: Costs Behaviour Finish attempt ... Unit 4: Stock Valuation Unit 5: Accounting for Decision Making Unit 6: Marginal Assignment/Test/Quiz #1-Fall 2022-Cost Accounting Jump to... Najay Murray Week 1 recording Costing vs Absorption Type here to search N m 11:11 am C 31.C ENG 25/10/2022RM - Mid Semester Assessment X *Homework Help - Q&A from On x PDE ACCOUNTS.pdf X + X C @ https://ucconline.ucc.edu.jm/mod/quiz/attempt.php?attempt=229937&cmid=225371&page=6 To . . . Moodle HOME COURSES . ABOUT UCC . UCC ONLINE FAQS * UCC LIBRARY . ADDITIONAL RESOURCES * EOSA Resources 54 shanique Morrison FACT208(SK21)(F22) Participants K21 2022 Fall: Cost Accounting K21 (ACT208) U Badges Dashboard / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / RM - Mid Semester Assessment - Fall 2022-Cost Accounting K21A Competencies Grades Time left 1:59:05 Quiz navigation Question 7 2 3 5 6 Contact Information Determine the variable cost per unit using the high-low method from the following data: Not yet answered Total costs Level of Activity 8 9 10 11 12 1.0: Course Outline Marked out of $65,000 11,250 units 0.50 14 15 16 17 18 Q 2.0: Mendez, Rupert - $52,000 8,000 units Section K21A Flag question $86,000 16,500 units 19 20 21 22 23 24 Unit 1 25 26 27 28 29 30 O a. $12.00 per unit Unit 2: Cost 31 32 33 34 35 36 Classifications O b. $10.00 per unit O c. $2.50 per unit 37 38 39 40 Unit 3: Costs Behaviour O d. $4.00 per unit Finish attempt ... Unit 4: Stock Valuation Unit 5: Accounting for Decision Making Previous page Next page Unit 6: Marginal Costing vs Absorption Type here to search C ENG 11:12 am 31 .C 25/10/2022RM - Mid Semester Assessment X *Homework Help - Q&A from On x PDE ACCOUNTS.pdf X + X X @ https://ucconline.ucc.edu.jm/mod/quiz/attempt.php?attempt=229937&cmid=225371&page=7 To . . . Moodle HOME COURSES . ABOUT UCC . UCC ONLINE FAQS * UCC LIBRARY . ADDITIONAL RESOURCES * EOSA Resources 54 shanique Morrison FACT208(SK21)(F22) Participants K21 2022 Fall: Cost Accounting K21 (ACT208) U Badges Dashboard / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / RM - Mid Semester Assessment - Fall 2022-Cost Accounting K21A Competencies Grades Question 8 The table below shows the costs of a company's outputs at various levels: Quiz navigation Not yet Output/units 2,000 3,000 4,000 2 3 5 6 Contact Information answered Marked out of Total costs $ 40,000 60,000 80,000 8 9 10 11 12 1.0: Course Outline 0.50 Unit costs $ 20 20 20 Flag question What type of costs is depicted in the above table? 13 14 15 16 17 18 Q 2.0: Mendez, Rupert - Section K21A 19 20 21 22 23 24 Unit 1 O a. Semi-fixed costs 25 26 27 28 29 30 O b. Fixed costs Unit 2: Cost 31 32 33 34 35 36 O c. Variable costs Classifications O d. Semi-variable costs 37 38 39 40 Unit 3: Costs Behaviour Finish attempt .. Unit 4: Stock Valuation Unit 5: Accounting for Previous page Next page Decision Making Unit 6: Marginal Costing vs Absorption Type here to search C 31 . C ENG 11:12 am 25/10/2022RM - Mid Semester Assessment X *Homework Help - Q&A from On x PDE ACCOUNTS.pdf X + X C @ https://ucconline.ucc.edu.jm/mod/quiz/attempt.php?attempt=229937&cmid=225371&page=8 To . . . Moodle HOME COURSES . ABOUT UCC . UCC ONLINE FAQS * UCC LIBRARY . ADDITIONAL RESOURCES * EOSA Resources 54 shanique Morrison FACT208(SK21)(F22) Participants K21 2022 Fall: Cost Accounting K21 (ACT208) U Badges Dashboard / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / RM - Mid Semester Assessment - Fall 2022-Cost Accounting K21A Competencies Grades Time left 1:58:50 Quiz navigation 2 3 5 6 Contact Information Question 9 Prime costs consists of : Not yet answered y 10 11 12 1.0: Course Outline O a. Direct materials + direct expenses. Marked out of 0.50 O b. Direct labour. 13 14 15 16 17 18 Q 2.0: Mendez, Rupert - Flag question Section K21A O c. Direct materials + direct labour. 19 20 21 22 23 24 O d. Direct materials + direct labour + direct expenses. Unit 1 25 26 27 28 29 30 Unit 2: Cost 31 32 33 34 35 36 Classifications Previous page Next page 37 38 39 40 Unit 3: Costs Behaviour Finish attempt ... Unit 4: Stock Valuation Unit 5: Accounting for Decision Making Unit 6: Marginal Assignment/Test/Quiz #1-Fall 2022-Cost Accounting Jump to... Najay Murray Week 1 recording Costing vs Absorption Type here to search N m 11:12 am C 31.C ENG 25/10/2022RM - Mid Semester Assessment X *Homework Help - Q&A from On x PDE ACCOUNTS.pdf X + X X @ https://ucconline.ucc.edu.jm/mod/quiz/attempt.php?attempt=229937&cmid=225371&page=9 To . . . Moodle HOME COURSES . ABOUT UCC . UCC ONLINE FAQS * UCC LIBRARY . ADDITIONAL RESOURCES * EOSA Resources 54 shanique Morrison FACT208(SK21)(F22) Participants K21 2022 Fall: Cost Accounting K21 (ACT208) U Badges Dashboard / My courses / ACT208(SK21)(F22) / 2.0: Mendez, Rupert - Section K21A / RM - Mid Semester Assessment - Fall 2022-Cost Accounting K21A Competencies Grades Question 10 Assuming a linear cost relationship, if total costs are $200,000 and variable costs are $10 per unit, what is the amount of fixed costs if Quiz navigation Not yet production is 12,000 units? Contact Information answered 2 3 5 6 Marked out of O a. $200,000 0.50 8 10 11 12 1.0: Course Outline Flag question O b. $120,000 13 14 15 16 17 18 Q 2.0: Mendez, Rupert - O c. $100,000 Section K21A O d. $80,000 19 20 21 22 23 24 Unit 1 25 26 27 28 29 30 Unit 2: Cost 31 32 33 34 35 36 Classifications Previous page Next page 37 38 39 40 Unit 3: Costs Behaviour Finish attempt .. Unit 4: Stock Valuation Unit 5: Accounting for Decision Making Unit 6: Marginal Costing vs Absorption Type here to search m C 31.C ~ ( " ENG 11:12 am 25/10/2022