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?

Q: What is the correct answer to this A-Level Accounting question?

The correct answer is A: $16 per labour hour.

Q: What topic does this question test?

This question tests Costing Principles and Systems in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

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: $16 per labour hour

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Accounting Question

Topic

This multiple-choice question tests Costing Principles and Systems in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Accounting Oct/Nov 2024 examination, Paper 1 Variant 2.

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