A-LevelAccountingTraditional costing methods9706/12 · Oct/Nov 2020 · Q271 Mark

A product has the following revenue and costs per unit. $ selling price 40 marginal cost 22 fixed manufacturing overhead 6 non-manufacturing overhead 2 What is the contribution to sales ratio?

A25%

B30%

C45%

D55%

✓ Correct answer

C: 45%

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.

Topic: Traditional costing methods, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Oct/Nov 2020 Paper 1 Variant 2, question 27.

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

A particular cost is classified as 'semi-variable'. What effect will a 20% reduction in activity have on the unit cost?

A business produces and sells watches. In 2015, 4000 watches were produced and 3600 watches were sold. Other informat…

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

The following information is given in the financial statements of a limited company. Ordinary shares $1200000; gener…

How is the issue of inventory from stores valued when using FIFO?

What would not be a purpose of ledger accounts?