201-Exam1-Ver1(Pink)-S'12-Rev (SOL)

201-Exam1-Ver1(Pink)-S'12-Rev (SOL) - Name Seat Number...

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

View Full Document Right Arrow Icon
Midterm 1 Page 1 Name Recitation Section Number Seat Number MIDTERM 1 – SOLUTION – Rev. 2/17 Management 201 - Spring 2012 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 listed as an answer, $433 is the correct answer. 7. On your answer sheet please be sure to code your recitation section number as listed below: Recitation Section Instructor Day and Time Room Sections: 0003 Jason Merritt F 9:30 AM – 10:20 AM RAWL 1011 0004 Jeff Doll F 9:30 AM – 10:20 AM RAWL 1057 0005 Jason Merritt F 10:30 AM – 11:20 AM RAWL 1011 0006 Jeff Doll F 10:30 AM – 11:20 PM RAWL 1057 0007 Jason Merritt F 11:30 AM – 12:20 PM RAWL 1011 0008 Jeff Doll F 11:30 AM – 12:20 PM RAWL 1057 0009 Jason Merritt F 12:30 PM – 1:20 PM RAWL 1011 0010 Jeff Doll F 12:30 PM – 1:20 PM RAWL 1057 0011 David Franco R 1:30 PM – 2:20 PM RAWL 3082 0012 David Franco R 2:30 PM – 3:20 PM RAWL 3082 0013 Jason Merritt R 3:30 PM – 4:20 PM RAWL 3082 0014 Jason Merritt R 4:30 PM – 5:20 PM RAWL 3082 Version 1 (Pink) Midterm 1 Page 2 1. The costs of direct materials are part of: Conversion costs Manufacturing costs Prime costs A. Yes Yes Yes B. No No No C. Yes Yes No D. No Yes Yes E. Yes No Yes Answer: D Direct materials are not part of conversion costs, but they are one type of manufacturing costs and are a prime cost. 2. Manufacturing overhead: A. can be either a variable cost or a fixed cost. 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 02/23/2012 for the course MGMT 201 taught by Professor Rowe during the Spring '08 term at Purdue.

Page1 / 6

201-Exam1-Ver1(Pink)-S'12-Rev (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