A-LevelAccountingTraditional costing methods9706/12 · Oct/Nov 2023 · Q291 Mark

The following information relates to a manufacturing business. production for the period 2400 units closing inventory 400 units direct material costs $12000 direct labour costs $6000 factory fixed expenses $4080 There was no opening inventory. Closing inventory is valued using marginal costing. What is the marginal cost per unit of the finished goods?

A$7.50

B$9.00

C$9.20

D$11.04

✓ Correct answer

A: $7.50

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Topic: Traditional costing methods, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Oct/Nov 2023 Paper 1 Variant 2, question 29.

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