A-LevelAccountingCosting Principles and SystemsOct/Nov 2024Paper 1 Q261 Mark
The following budgeted and actual information is available. budgeted | actual overheads $460 000 | $420000 labour hours 28 750 | 21000 machine hours 9 200 | 7000 What would be the company's most suitable overheads absorption rate?
A$16 per labour hour
B$20 per labour hour
C$50 per machine hour
D$60 per machine hour
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of costing principles and systems 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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