A-LevelAccountingInventory ValuationOct/Nov 2020Paper 1 Q231 Mark

A business uses the weighted average (AVCO) method to value its inventory. It purchased the following units of inventory. units cost per unit $ total cost $ 100 36 3600 120 48 5760 80 54 4320 After these receipts it issued 250 units to production. What was the value of the issue?

Q: What is the correct answer to this A-Level Accounting question?

The correct answer is B: $11400.

Q: What topic does this question test?

This question tests Inventory Valuation in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

A$10980

B$11400

C$11500

D$11880

✓ Correct Answer

The correct answer is B: $11400

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Accounting Question

Topic

This multiple-choice question tests Inventory Valuation in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Accounting Oct/Nov 2020 examination, Paper 1 Variant 2.

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