A-LevelAccountingTraditional costing methods9706/12 · Feb/Mar 2025 · Q261 Mark

The following data applies to a business. budgeted direct labour hours: 20000 budgeted overheads: $300000 actual direct labour hours: 19000 under-absorption of overheads: $35000 What were the actual overheads for the period?

A$250 000

B$265000

C$320 000

D$335 000

✓ Correct answer

C: $320 000

Oracle Prep sorts past-paper questions by topic, so you can drill Traditional costing methods and see which topics are most likely to come up next.

Topic: Traditional costing methods, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Feb/Mar 2025 Paper 1 Variant 2, question 26.

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

Which business would use a job costing system of accounting?

Which statements about absorption costing are correct? 1 It can be used as a basis for calculating the selling price …

How is the margin of safety calculated?

The trial balance totals are as follows: debit $500 150 credit $500 000 Which error could have caused the difference?

A business maintains a provision for doubtful debts of 5% per annum. It has trade receivables balances of $560000 at …

The statement of the financial position of a company shows the following: $ tangible non-current assets 20 600 intang…