A-LevelAccountingCosting for materials and labour9706/12 · Feb/Mar 2021 · Q231 Mark

The budgeted data of N Limited is as follows. production level total costs 15000 units $406 000 25000 units $546 000 What is the budgeted fixed cost?

A$196000

B$238000

C$336 000

D$357000

✓ Correct answer

A: $196000

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Costing for materials and labour and see which topics are most likely to come up next.

About this question

Topic: Costing for materials and labour, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Feb/Mar 2021 Paper 1 Variant 2, question 23.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Accounting questions

Costing for materials and labourMay/June 20161m

A manager is preparing a quotation for Job 88. A specialised technician is hired to work for this job only. He will u…

Costing for materials and labourMay/June 20161m

A business provided the following information for the past two months. month number of labour hours total overheads $…

Costing for materials and labourMay/June 20181m

A business pays a salesman a basic salary, plus commission based on how much he sells. Which type of cost is the sale…

Traditional costing methodsFeb/Mar 20161m

A production centre uses 20000 machine hours and 17000 labour hours each month. Which formula is used to calculate th…

Traditional costing methodsFeb/Mar 20161m

The following information is available. budget actual overheads $60000 $66 000 direct labour 30 000 hours 35 000 hour…

Traditional costing methodsFeb/Mar 20161m

A particular cost is classified as 'semi-variable'. What effect will a 20% reduction in activity have on the unit cost?

← Browse all past-paper questions