A-LevelAccountingLabour CostingOct/Nov 2020Paper 1 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
The correct answer is B. This question tests the candidate's understanding of labour costing within the Accountingsyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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