quiz1 - ADM2341 Managerial Accounting Winter 2007 Quiz#1...

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Unformatted text preview: ADM2341 Managerial Accounting Winter 2007 Quiz #1, January................................................/20 marks Student Name:________________________Student Number:___________________________ Questions will be answered regarding possible errors in the exam only. ............................................................................................................................................................ Show calculations for part marks where appropriate. QUESTION 1 5 points Some costs associated with operating various manufacturing facilities are given below. Indicate in the space provided whether each cost is a direct product cost or an indirect product cost. Provide a very brief explanation. Quiz 1 ADM2341B Winter 2007 Page 1 of 4 Cost D irect or I ndirect Explanation Example: Plastic used in automobile bodies D 1. Depreciation of robots used in welding 2. Janitors’ salaries 3. Rent on a manufacturing facility 4. Electricity for operating machinery 5. Production manager’s salary...
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quiz1 - ADM2341 Managerial Accounting Winter 2007 Quiz#1...

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