A-LevelAccountingCosting Principles (Direct Costs / Labour Cost Calculation)Oct/Nov 2021Paper 1 Q221 Mark
A business employs 20 workers as production staff. Each worker is employed for 40 hours per week at a rate of $7.80 per hour. Bonus is calculated at 20% of basic rate pay per hour for each product manufactured above 120 units per employee. In a week, each employee produced 145 units. What were the total wages for the week?
A$7020
B$9984
C$10764
D$10920
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of costing principles (direct costs / labour cost calculation) 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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