A-LevelAccountingJob costingOct/Nov 2023Paper 1 Q241 Mark
A company has been asked to quote a price for a specific job. Estimated costs are as follows: direct materials $2000 direct labour $3300 Overheads are charged at 50% of labour cost. Profit is 20% of the total job cost. What is the total of the quotation for the job?
A$5300
B$6360
C$6950
D$8340
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of job 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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