MAC2601
ASSIGNMENT 3 SEMESTER 1 2026
UNIQUE NO.
DUE DATE: 2026
, lOMoARcPSD|21997160
4/24/26, 10:07 AM Assessment 3: Attempt review
MAC2601-26-S1 Welcome Message Assessment 3
QUIZ
Started on Friday, 24 April 2026, 9:10 AM
State Finished
Completed on Friday, 24 April 2026, 10:07 AM
Time taken 57 mins 15 secs
Marks 79.00/80.00
Grade 98.75 out of 100.00
Question1
Correct
Mark 1.00 out of 1.00
Which one of the following is not an advantage of the variable costing method?
a. It helps to overcome the problem of allocating fixed costs.
b. Its importance to management on calculation and adjustment of special-order selling prices.
c. It recognises the importance of fixed cost in price determination and decision-making.
d. Operating profit can be presented in a readily understandable form.
Question2
Correct
Mark 1.00 out of 1.00
When allocating fixed manufacturing overheads to products, which output capacity should be utilised for external reporting
purposes?
a. Maximum capacity
b. Variable production capacity
c. Practical capacity
d. Normal capacity
ASSIGNMENT 3 SEMESTER 1 2026
UNIQUE NO.
DUE DATE: 2026
, lOMoARcPSD|21997160
4/24/26, 10:07 AM Assessment 3: Attempt review
MAC2601-26-S1 Welcome Message Assessment 3
QUIZ
Started on Friday, 24 April 2026, 9:10 AM
State Finished
Completed on Friday, 24 April 2026, 10:07 AM
Time taken 57 mins 15 secs
Marks 79.00/80.00
Grade 98.75 out of 100.00
Question1
Correct
Mark 1.00 out of 1.00
Which one of the following is not an advantage of the variable costing method?
a. It helps to overcome the problem of allocating fixed costs.
b. Its importance to management on calculation and adjustment of special-order selling prices.
c. It recognises the importance of fixed cost in price determination and decision-making.
d. Operating profit can be presented in a readily understandable form.
Question2
Correct
Mark 1.00 out of 1.00
When allocating fixed manufacturing overheads to products, which output capacity should be utilised for external reporting
purposes?
a. Maximum capacity
b. Variable production capacity
c. Practical capacity
d. Normal capacity
