201-Midterm 1-S'11-Ver1(Green)-SOL

201-Midterm 1-S'11-Ver1(Green)-SOL - Name Seat Number...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
1 Name Recitation Section Number Seat Number MIDTERM 1 - SOLUTION Management 201 - Spring 2011 1. This examination consists of 33 multiple-choice questions. Each question is worth 3 points. 2. You must sit in your assigned seat to take the exam. If you are not in the correct seat, you will lose 5 points. 3. Print and code your name, ID number, and your section number on the computer answer sheet; please enter your section number as listed below. In the blank for TEST, please write the version number below. Be sure to use a number 2 pencil and sign the answer sheet. 4. You will have 1.5 hours to complete the exam. The exam will end at 9:30 p.m. All multiple- choice questions must be coded on the answer sheet before the end of the examination period at 9:30. Your score on these questions is based only on the coded answers. Please help us collect exams promptly when the exam is over. 5. Use of unauthorized written materials, receiving or giving verbal or written assistance from or to another person during an exam is considered cheating. Any student discovered cheating in an examination will be given a grade of F for the course. 6. In all problems answers are rounded to the nearest dollar or cent as indicated in the problem. Thus if you compute an answer to be $1.333333333333 and an answer of $1.33 is given; the $1.33 is the correct answer. Similarly, if you compute an answer to be $432.897654, all answers are rounded to the nearest dollar, and the answer $433 is provided; $433 is the correct answer. Recitation Section Instructor Day and Time Room Sections: 0003 Gerardo Baltodano F 11:30 AM – 12:20 PM RAWL 1057 0004 Brian Bobo F 10:30 AM – 11:20 AM RAWL 1011 0005 Krystal Miller F 10:30 AM – 11:20 AM RAWL 1057 0006 Gerardo Baltodano F 12:30 PM – 1:20 PM RAWL 1057 0007 Brian Bobo F 11:30 AM – 12:20 PM RAWL 1011 0008 Krystal Miller F 2:30 PM – 3:20 PM RAWL 1011 0009 Gerardo Baltodano F 1:30 PM – 2:20 PM RAWL 1057 0010 Krystal Miller F 12:30 PM – 1:20 PM RAWL 1011 0011 Krystal Miller F 9:30 AM – 10:20 AM RAWL 1057 0012 Brian Bobo F 9:30 AM – 10:20 AM RAWL 1011 0013 Krystal Miller F 1:30 PM – 2:20 PM RAWL 1011 0014 Gerardo Baltodano F 2:30 PM – 3:20 PM RAWL 1057 Version 1 (Green) 2 1. Which of the following would not be classified as a product cost? A. Depreciation on the fork-lift truck on the finished goods warehouse. B. Wages for workers on the assembly line. C. Insurance on the warehouse storing raw materials. D. Salary for the line manager. E. Cost of denim to make Levi jeans Answer: A The fork-lift is used in the finished goods warehouse; hence it is part of the selling costs and not the manufacturing or product costs. 2. The accounting records of Hill Corporation revealed the following selected costs: Sales commissions, $40,000; plant supervision, $94,000; and administrative expenses, $185,000. Hill's period costs total: A. $40,000. B.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/04/2011 for the course MGMT 201 taught by Professor Bobo during the Spring '09 term at Bradley.

Page1 / 6

201-Midterm 1-S'11-Ver1(Green)-SOL - Name Seat Number...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online