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Hi tutor, Q1) Relate to labour costs: there would be an increase in the total costs for labour as a result:, I) additional labour being employed on a temporary basic. II) a department with spare capacity being made to work more hours. III) a department which is at full capacity switching from the production of one product to anther. Which of the above are correct? A. (I) B. (II). C. (III). D. (I) & (III) Q2)which of the following is correct? A. when considering limiting factors the products should always be ranked according to contribution per unit sold. B. if there is only one scarce resource linear programming should be used. C. In linear programming the point furthest from the origin will always be the point of profit maximisation. D. The slope of the objective function depends on the contribution of the products Q3)The following relate procedures for materials:- 1. Check the goods received note 2. raise a stores requisition note 3. updated the stores ledger account for the purchase 4. raise a purchase order what would be the correct order when in the process of purchasing & using materials. A. 4,2,1,3 B. 2,1,3,4 C. 4,1,3,2 D.1, 4,3,2 Q4) when considering the EBQ model what does (1-D/R) represent? A. the rate at which production decreases. B. the rate at which production inccreases C. the rate at which stock decreases D.the rate at which stock increases Q5)which of the following best describes the term 'equivalent units' when using FIFO method? A. the number of units worked on during a period including the opening & closing stock units. B. the number of whole units works on during a period ignoring the levels on completions of opening & closing stock units. C. The number of effective whole units worked on during a period allowing for the level of completion of opening and closing units. D. the total number of whole units started during a period ignoring the opening stock units as these were started in the previous period. Q6) Which correct relate to long-term contracts: I. levels of completion of the contracts can be estimated using either costs to date or work certified to date. II. any anticipated losses should be taken as soon as they are expected. III. if the contract is half complete it is expected that half the expected profit will always be taken. A. I & II B. I & III C. II & III D. I , II, III Thanks in advance!!