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A-LevelAccountingTraditional costing methods9706/12 · Feb/Mar 2023 · Q241 Mark

A job cost sheet showed the following estimates. $ materials 680 labour at $20 per hour 200 overheads at $10 per labour hour 100 profit 280 price of job 1260 The job actually took 25% more labour hours than were estimated. What was the actual profit?

A$205
B$230
C$330
D$355

✓ Correct answer

A: $205

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About this question

Topic
Traditional costing methods, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, Feb/Mar 2023 Paper 1 Variant 2, question 24.

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