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A-LevelAccountingCosting for materials and labour9706/12 · Oct/Nov 2024 · 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

A: $16 per labour hour

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About this question

Topic
Costing for materials and labour, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, Oct/Nov 2024 Paper 1 Variant 2, question 26.

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