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A-LevelAccountingTraditional costing methods9706/12 · May/June 2012 · Q281 Mark

Which costing method is best suited to valuing inventory and which for deciding whether to accept an order below normal selling price? valuation of inventory decision on accepting order below normal selling price absorption costing absorption costing absorption costing marginal costing marginal costing absorption costing marginal costing marginal costing

Aabsorption costing absorption costing
Babsorption costing marginal costing
Cmarginal costing absorption costing
Dmarginal costing marginal costing

✓ Correct answer

B: absorption costing marginal costing

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About this question

Topic
Traditional costing methods, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, May/June 2012 Paper 1 Variant 2, question 28.

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