MAC3701 Assignement 1 Semester 1 2026

3/21/26, 10:34 AM Assessment 1: Attempt review




MAC3701-26-S1  Welcome Message  Assessment 1


QUIZ




Started on Saturday, 21 March 2026, 10:00 AM
State Finished
Completed on Saturday, 21 March 2026, 10:33 AM
Time taken 33 mins 54 secs




DOCUMENT COMPILED BY EXPERT ACADEMY
BOOK THEM ON WHATSAPP 0645167275
DISTINCTIONS GUARANTEED
DOCUMENT COMPILED BY EXPERT ACADEMY
BOOK THEM ON WHATSAPP 0645167275
DISTINCTIONS GUARANTEED




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=31342852&cmid=1283534 1/25

,3/21/26, 10:34 AM Assessment 1: Attempt review

Question 1

Complete

Marked out of 1.00




DOCUMENT COMPILED BY EXPERT ACADEMY
Lebo Ndlovu (“LN”) is has a small online fabric shop specialising in BOOK THEM ON WHATSAPP 0645167275
DISTINCTIONS GUARANTEED
dressmaking fabrics. She sells two types of fabric, measured and sold per
DOCUMENT COMPILED BY EXPERT ACADEMY
metre. She has asked for your assistance with the management accounting BOOK THEM ON WHATSAPP 0645167275
aspects of her business and provided you with the following budgeted DISTINCTIONS GUARANTEED
information:



Details Cotton Premium Total
Linen

R R R

Annual Target Profit 120 000

Selling Price per meter 120 180

Fabric Purchase cost per meter 60 90

Labour cost per hour 48 48

Variable cutting and packaging cost per meter 8 12

Monthly shop rental 3 600

Monthly utilities 1 200

Monthly insurance 900

Monthly Website hosting 750

Additional Information:

· For every 1 metre of premium linen sold, LN expects to sell 3 metres of
cotton fabric.

· Cotton Fabric requires 4 minutes of labour per meter, and Premium Linen
Fabric requires 6 minutes of labour per meter.

· Variable selling cost are 2,5% of the selling price



LN’s budgeted annual total fixed costs to be used in the calculation of the
break-even point are:




a. R66 600

b. None of the options

c. R68 400

d. R77 400

e. R6 450




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=31342852&cmid=1283534 2/25

, 3/21/26, 10:34 AM Assessment 1: Attempt review

Question 2

Complete

Marked out of 1.00




Lebo Ndlovu (“LN”) is has a small online fabric shop specialising in
dressmaking fabrics. She sells two types of fabric, measured and sold per
metre. She has asked for your assistance with the management accounting
DOCUMENT COMPILED BY EXPERT ACAD
aspects of her business and provided you with the following budgeted BOOK THEM ON WHATSAPP 0645167275
information: DISTINCTIONS GUARANTEED
DOCUMENT COMPILED BY EXPERT ACAD
BOOK THEM ON WHATSAPP 0645167275
DISTINCTIONS GUARANTEED
Details Cotton Premium Total
Linen

R R R

Annual Target Profit 120 000

Selling Price per meter 120 180

Fabric Purchase cost per meter 60 90

Labour cost per hour 48 48

Variable cutting and packaging cost per meter 8 12

Monthly shop rental 3 600

Monthly utilities 1 200

Monthly insurance 900

Monthly Website hosting 750

Additional Information:

· For every 1 metre of premium linen sold, LN expects to sell 3 metres of
cotton fabric.

· Cotton Fabric requires 4 minutes of labour per meter, and Premium Linen
Fabric requires 6 minutes of labour per meter.

· Variable selling cost are 2,5% of the selling price


LN’s budgeted weighted-average contribution margin (rounded to 2
decimals)per metre of cotton is:




a. 45,80

b. None of the above

c. 51,90

d. 34,35

e. 22,90




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