A-LevelAccountingCosting for materials and labour9706/12 · Oct/Nov 2020 · Q221 Mark

An employee works a 40-hour week at an hourly rate of $8. She receives a bonus of 30% of the hourly rate for time saved producing each unit. The target production time is 30 minutes per unit. Last week she worked 40 hours and produced 90 units. What were her gross earnings for the week?

A$320

B$332

C$360

D$416

✓ Correct answer

B: $332

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Topic: Costing for materials and labour, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Oct/Nov 2020 Paper 1 Variant 2, question 22.

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