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A-LevelAccountingCost AccountingOct/Nov 2022Paper 1 Q241 Mark

A manufacturing business has two production departments: assembly and painting. The following information is available. assembly: machinery at net book value ($) 150000, machinery repair costs ($) 14000, machine operating hours 60000, number of machines 30 painting: machinery at net book value ($) 100000, machinery repair costs ($) 6000, machine operating hours 15000, number of machines 10 The total machinery insurance cost for the year was $5000. How much insurance should be apportioned to the assembly department?

A$3000
B$3500
C$3750
D$4000

✓ Correct Answer

The correct answer is A. This question tests the candidate's understanding of cost accounting within the Accountingsyllabus. The examiner's mark scheme requires...

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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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About This A-Level Accounting Question

This multiple-choice question appeared in the Cambridge A-Level Accounting (9706) Oct/Nov 2022 examination, Paper 1 Variant 2. It tests the topic of Cost Accounting and is worth 1 mark.

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