A-LevelAccountingJob, Batch and Service CostingFeb/Mar 2023Paper 1 Q231 Mark
A manufacturer operates a bonus system. He provides the following information. output required from each worker 175 units time allowed to complete output 10.5 hours actual time worked by Fred 7 hours A bonus is paid of 25% of the labour costs for time saved, in addition to the hourly rate of $8.75. What did Fred earn for his output of 175 units?
A$68.91
B$76.56
C$91.88
D$99.53
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of job, batch and service costing 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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