Cost Accounting Midterm
ADM 3346A
COST ACCOUNTING
Solution
Fall 2010
Midterm Examination
STUDENT NAME: _________________________________________________
STUDENT NUMBER: ________________________________________________
90 minutes
INSTRUCTIONS
1.
2.
3.
4.
Books and notes are not permitted, except language dictionaries.
Non programmable calculators are permitted.
Put all answers in the question booklet
Questions concerning possible errors in the exam only will be answered.
Questions
Max Points
Question 1
/10
Question 2
/6
Question 3
/4
Question 4
/6
Question 5
/6
Question 6
/8
Question 7
/10
Question 8
/6
Question 9
/4
Question 10
/6
Total
/66
Statement of Academic Integrity
The School of Management does not condone academic fraud, an act by a student that may result in a false academic evaluation of that student or of another student. Without limiting the generality of this definition, academic fraud occurs when a student commits any of the following offences: plagiarism or cheating of any kind, use of books, notes, mathematical tables, dictionaries or other study aid unless an explicit written note to the contrary appears on the exam, to have in his/her possession cameras, radios (radios with head sets), tape recorders, pagers, cell phones, or any other communication device which has not been previously authorized in writing.
Statement to be signed by the student:
I have read the text on academic integrity and I pledge not to have committed or attempted to commit academic fraud in this examination. Signed:______________________________________
Note: an examination without this signed statement will not be graded
Midterm ADM 3346A Fall 2010
Page 1 of 10
Number in brackets is the grade for the question. You must show your work
Q.1 (10)
One of your first major investment decisions at DSD was to invest $3 million in automated testing equipment for the M-24. The equipment
COST ACCOUNTING
Solution
Fall 2010
Midterm Examination
STUDENT NAME: _________________________________________________
STUDENT NUMBER: ________________________________________________
90 minutes
INSTRUCTIONS
1.
2.
3.
4.
Books and notes are not permitted, except language dictionaries.
Non programmable calculators are permitted.
Put all answers in the question booklet
Questions concerning possible errors in the exam only will be answered.
Questions
Max Points
Question 1
/10
Question 2
/6
Question 3
/4
Question 4
/6
Question 5
/6
Question 6
/8
Question 7
/10
Question 8
/6
Question 9
/4
Question 10
/6
Total
/66
Statement of Academic Integrity
The School of Management does not condone academic fraud, an act by a student that may result in a false academic evaluation of that student or of another student. Without limiting the generality of this definition, academic fraud occurs when a student commits any of the following offences: plagiarism or cheating of any kind, use of books, notes, mathematical tables, dictionaries or other study aid unless an explicit written note to the contrary appears on the exam, to have in his/her possession cameras, radios (radios with head sets), tape recorders, pagers, cell phones, or any other communication device which has not been previously authorized in writing.
Statement to be signed by the student:
I have read the text on academic integrity and I pledge not to have committed or attempted to commit academic fraud in this examination. Signed:______________________________________
Note: an examination without this signed statement will not be graded
Midterm ADM 3346A Fall 2010
Page 1 of 10
Number in brackets is the grade for the question. You must show your work
Q.1 (10)
One of your first major investment decisions at DSD was to invest $3 million in automated testing equipment for the M-24. The equipment