◈ Oracle Prep Sign Up Free

A-LevelAccountingTraditional costing methods9706/12 · Feb/Mar 2019 · Q211 Mark

A business provided the following information. budgeted overheads $127000 budgeted machine hours 10450 actual overheads $149000 actual machine hours 9300 What was the absorption rate per machine hour?

A$12.15

B$13.66

C$14.26

D$16.02

✓ Correct answer

A: $12.15

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Traditional costing methods and see which topics are most likely to come up next.

Sign up free →

About this question

Topic: Traditional costing methods, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Feb/Mar 2019 Paper 1 Variant 2, question 21.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Accounting questions

Traditional costing methodsFeb/Mar 20161m

Which items are included in the marginal cost of a unit of production?

Traditional costing methodsFeb/Mar 20161m

Which statements about cost-volume-profit analysis are correct? 1 Profits are calculated on an absorption costing bas…

Traditional costing methodsFeb/Mar 20171m

Which item is a direct cost?

Preparation of financial statementsFeb/Mar 20181m

Which rule does not apply in the absence of a partnership agreement?

Preparation of financial statementsFeb/Mar 20181m

The partnership of Ravi and Tania, who shared profits equally, was dissolved. The capital accounts prior to dissoluti…

Preparation of financial statementsFeb/Mar 20181m

A company issues 50000 ordinary shares of $5 each at a premium of $15. It also issues a 4% debenture, $300000. By whi…

← Browse all past-paper questions