10/25/22, 12:18 AM Quiz 2 - Absorption and Variable Costing: Attempt review

Dashboard My courses ACTG09-19/AIS 04-19 Quizzes Quiz 2 - Absorption and Variable Costing

Started on Saturday, 8 October 2022, 10:24 PM

State Finished
Completed on Saturday, 8 October 2022, 11:24 PM
Time taken 1 hour
Marks 11.00/20.00
Grade 5.50 out of 10.00 (55%)

Question 1
Incorrect

Mark 0.00 out of 1.00

Answer: 7200 higher 

The correct answer is: 6000 higher

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10/25/22, 12:18 AM Quiz 2 - Absorption and Variable Costing: Attempt review

Question 2
Incorrect

Mark 0.00 out of 1.00

Answer: 76000 

The correct answer is: 40000

Question 3

Incorrect

Mark 0.00 out of 1.00

Answer: 8750 

The correct answer is: 8250

Question 4
Correct

Mark 1.00 out of 1.00

Answer: 9400 

The correct answer is: 9400

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10/25/22, 12:18 AM Quiz 2 - Absorption and Variable Costing: Attempt review

Question 5
Correct

Mark 1.00 out of 1.00

Answer: 120000 

The correct answer is: 120000

Question 6
Correct

Mark 1.00 out of 1.00

Answer: 4750 

The correct answer is: 4750

Question 7
Incorrect

Mark 0.00 out of 1.00

Answer: 26200 

The correct answer is: 23800

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10/25/22, 12:18 AM Quiz 2 - Absorption and Variable Costing: Attempt review

Question 8
Correct

Mark 1.00 out of 1.00

Answer: 600 

The correct answer is: 600

Question 9
Correct

Mark 1.00 out of 1.00

Answer: 164000 

The correct answer is: 164000

Question 10
Correct

Mark 1.00 out of 1.00

Answer: 3100 

The correct answer is: 3100

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10/25/22, 12:18 AM Quiz 2 - Absorption and Variable Costing: Attempt review

Question 11
Correct

Mark 1.00 out of 1.00

Answer: 11 

The correct answer is: 11

Question 12
Incorrect

Mark 0.00 out of 1.00

Answer: 2500 

The correct answer is: 12500

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10/25/22, 12:18 AM Quiz 2 - Absorption and Variable Costing: Attempt review

Question 13
Correct

Mark 1.00 out of 1.00

Answer: 316000 

The correct answer is: 316000

Question 14
Correct

Mark 1.00 out of 1.00

Answer: 22000 

The correct answer is: 22000

Question 15
Correct

Mark 1.00 out of 1.00

Answer: 20000 

The correct answer is: 20000

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10/25/22, 12:18 AM Quiz 2 - Absorption and Variable Costing: Attempt review

Question 16
Incorrect

Mark 0.00 out of 1.00

Answer: 2000 

The correct answer is: 920

Question 17
Correct

Mark 1.00 out of 1.00

Under absorption costing, how much is the net income?

Answer: 45000 

The correct answer is: 45000

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10/25/22, 12:18 AM Quiz 2 - Absorption and Variable Costing: Attempt review

Question 18
Incorrect

Mark 0.00 out of 1.00

Answer: 24000 

The correct answer is: 24,000

Question 19
Incorrect

Mark 0.00 out of 1.00

Answer: 16000 

The correct answer is: 4000 loss

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10/25/22, 12:18 AM Quiz 2 - Absorption and Variable Costing: Attempt review

Question 20
Incorrect

Mark 0.00 out of 1.00

How much is the ending inventory using absorption costing?

Answer: 5000 

The correct answer is: 33000

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10/25/22, 12:18 AM Quiz 2 - Absorption and Variable Costing: Attempt review

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10/25/22, 12:18 AM Quiz 2 - Absorption and Variable Costing: Attempt review

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