201-Final-Ver1-ANS-S'10

201-Final-Ver1-ANS-S'10 - Name Seat Number Recitation...

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- 1 - Name Recitation Section Number Seat Number FINAL Management 201 - Spring 2010 1. This examination consists of 40 multiple-choice questions. Each question is worth 5 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 2 hours to complete the exam. The exam will end at 9:00 p.m. All multiple- choice questions must be coded on the answer sheet before the end of the examination period at 9:00. 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. Please enter your recitation section number in the space provided on the answer sheet; please enter it as it is listed below. Recitation Section Instructor Day and Time Room Sections: 0003 Wen Li F 8:30 AM – 9:20 AM RAWL 1011 0005 Wen Li F 9:30 AM – 10:20 AM RAWL 1011 0007 Monali Gadde F 10:30 AM – 11:20 AM RAWL 1011 0008 Avik Saha F 10:30 AM – 11:20 AM RAWL 1057 0009 Monali Gadde F 11:30 AM – 12:20 PM RAWL 1011 0010 Avik Saha F 11:30 AM – 12:20 PM RAWL 1057 0011 Gagneet Chadha F 12:30 PM – 1:20 PM RAWL 1011 0012 Avik Saha F 12:30 PM – 1:20 PM RAWL 1057 0013 Gagneet Chadha F 1:30 PM – 2:20 PM RAWL 1011 0014 Avik Saha F 1:30 PM – 2:20 PM RAWL 1057 0015 Arjun Venkataraman R 2:30 PM – 3:20 PM KRAN G004 0016 Arjun Venkataraman R 3:30 PM – 4:20 PM KRAN G004 Version 1 (Pink) - 2 - 1. Sharp Company plans to sell 15,000 units of Product X during the month of August. If the company has 2,500 units on hand at the start of the month, and plans to have 2,000 units on hand at the end of the month, how many units of Product X must be purchased from the supplier during the month? A. 14,500. B. 15,500. C. 15,000. D. 17,000. E. None of the above. Answer: A BI + Units purchased = EI + Units sold 2,500 + X = 2,000 + 15,000; X = 14,500 2. The following are budgeted data: Month 1 2 3 Sales in units 15,000 20,000 18,000 Production in units 16,000 22,000 15,000 One pound of material is required for each finished unit. The inventory of materials at the end of each month should equal 20% of the following month’s production needs. At the beginning of Month 1, 3,200 lbs. of materials were on hand. Purchases of raw materials for Month 2 would be budgeted to be: A. 17,600 lbs. B.
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201-Final-Ver1-ANS-S'10 - Name Seat Number Recitation...

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