Quiz 1

Better Essays
ADM 3346 X COST ACCOUNTING Spring/Summer 2012 Quiz No. 1 Solutions
. . . . . . . / 16 marks NAME: __________________________________________ STUDENT #: ________________________

Statement of Academic Integrity:
The School of Management does not condone academic fraud, an act by a student that may result in a false academic evaluation of that student or of another student. Without limiting the generality of this definition, academic fraud occurs when a student commits any of the following offences: plagiarism or cheating of any kind, use of books, notes, mathematical tables, dictionaries or other study aid unless an explicit written note to the contrary appears on the exam, to have in his/her possession cameras, radios (radios with head sets), tape recorders, pagers, cell phones, or any other communication device which has not been previously authorized in writing.

Statement to be signed by the student:
I have read the text on academic integrity and I pledge not to have committed or attempted to commit academic fraud in this examination. Name:______________________________________ (signature)

Note: A quiz received without the signature of the student will not be graded and will receive a score of zero.

1

Multiple Choice (16 marks) Choose the best answer for each of the following 8 multiple choice questions. Circle your answer directly on the quiz booklet. Only one answer will be accepted for each multiple choice question. There is no penalty for guessing. Each question is worth 2 marks. Question No. 1 Gamble Company has only 25,000 hours of machine time each month to manufacture its two products. Product X has a contribution margin of $50 per unit, and Product Y has a contribution margin of $64 per unit. Product X requires 5 hours of machine time, and Product Y requires 8 hours of machine time. If Gamble Company wants to dedicate 80 percent of its available machine time to the product that provides the highest contribution margin per unit of the

You May Also Find These Documents Helpful

  • Satisfactory Essays

    The Telfer School of Management does not condone academic fraud, an act by a student…

    • 2530 Words
    • 27 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Quiz 1

    • 1173 Words
    • 5 Pages

    Through a mediation, a motion picture camera lens both selects and manipulates the image as it is by audiences.…

    • 1173 Words
    • 5 Pages
    Satisfactory Essays
  • Good Essays

    quiz 8

    • 662 Words
    • 3 Pages

    1) Assuming a 25 percent tax rate, compute the after-tax cost of $23,000 worth of advertising costs. (part c)…

    • 662 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Quiz 1

    • 308 Words
    • 2 Pages

    1. Which among the following is the process of process of proving that provided identity credentials are valid and correct?…

    • 308 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Quiz 2

    • 475 Words
    • 4 Pages

    Identify the underlined part of the statement below as one of the aspects of a process model from the options:…

    • 475 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    quiz 2

    • 225 Words
    • 2 Pages

    TCO 2) A statement that reports inflows and outflows of cash during the accounting period in the categories of operations, investing, and financing, is called a(an):…

    • 225 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Quiz 3

    • 834 Words
    • 4 Pages

    5. Which of the following are strong sensations felt as related to a specific stimulus?…

    • 834 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Quiz 4

    • 724 Words
    • 5 Pages

    A patient with a C7 spinal cord injury states he must hve the flu because he has a bad headache and nausea. The initial action of the nurse is to…

    • 724 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Quiz 1 2

    • 467 Words
    • 2 Pages

    The Internet promotes both convergence and divergence amongst different culutres and nations of the world.…

    • 467 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Gainomax

    • 3443 Words
    • 14 Pages

    I am also hereby aware of the fact that the lecturers are required to report any attempt to deceive at examination to the disciplinary board at Umeå University. A guilty charge in this board can lead to suspension from further studies at the university level.…

    • 3443 Words
    • 14 Pages
    Best Essays
  • Satisfactory Essays

    quiz 2

    • 651 Words
    • 3 Pages

    1. A null session is basically a pseudoaccount that has no username or password, but can used to access information on ___.…

    • 651 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Quiz 1

    • 2306 Words
    • 10 Pages

    Feedback: See "The system concept" in Chapter 1. All of the above examples are described as systems.…

    • 2306 Words
    • 10 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Quiz 1

    • 714 Words
    • 7 Pages

    Dr. Martinez wants to conduct research on university students' sexual behavior. After designing the study, he must…

    • 714 Words
    • 7 Pages
    Satisfactory Essays
  • Good Essays

    Quiz 1

    • 497 Words
    • 2 Pages

    9. We tend to absorb the beliefs of those around us as we mature from children into adults.…

    • 497 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Quiz 4

    • 870 Words
    • 4 Pages

    1. Rockhampton City Council wished to investigate the effect of household income and household size on water consumption. From a survey of 315 households, the following relationship between weekly water consumption in litres, weekly household income measured in dollars and the number of members of the household was estimated:…

    • 870 Words
    • 4 Pages
    Satisfactory Essays