A-LevelAccountingTraditional costing methods9706/12 · May/June 2011 · Q261 Mark

The following information is provided by a company for a month. actual direct labour hours worked 4500 budgeted direct labour hours 5000 budgeted overhead expenditure $80 000 overheads under-recovered $12 000 What is the amount of the actual overhead expenditure?

A$60 000

B$68 000

C$72 000

D$84 000

✓ Correct answer

D: $84 000

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, May/June 2011 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

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

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

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

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…

An inexperienced bookkeeper calculated a draft profit for the year ended 31 December 2015 of $578 500. He had not acc…