2510T.W'08.Quiz#2.Shujun Ding Solution

2510T.W'08.Quiz#2.Shujun Ding Solution - Name: Winter 2008...

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Name: Student Number: Winter 2008 York University Atkinson Faculty of Liberal and Professional Studies School of Administrative Studies ADMS # 2510 (Section T) Introduction to Management Accounting Quiz # 2 – January 31, 2008 Instructor: Shujun Ding Instructions 1. This is a closed book examination and no collaboration is allowed. 2. There are a total of 10 marks. 3. Write your name and student number in the designated area at the top of each page. 4. You may write in pencil or pen. 5. You have an hour, no additional time provided for lateness. 6. If you leave early, please respect your fellow students by leaving quietly. 7. Place photo identification on your desk at the beginning of the quiz/examination to facilitate verification. 8. You must sign in. 1
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Name: Student Number: Question 1 (1.5 marks) The following information is for Section T Company. Per unit costs: Direct material $10 Direct labour 15 Selling price 45 Variable overhead 3 Variable selling/admin. 2 Annual fixed costs: Advertising $200,000 Other 149,500 Note: All situations are independent of each other. a. Calculate contribution margin ratio [0.5]. b.
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2510T.W'08.Quiz#2.Shujun Ding Solution - Name: Winter 2008...

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