A-LevelAccountingTraditional costing methods9706/12 · May/June 2012 · Q301 Mark

What is the purpose of a job cost sheet?

Ato enable the business to recover its overheads

Bto ensure the customer knows the split between materials and labour

Cto inform the customer of the profit margin

Dto let the business find the price for a quotation

✓ Correct answer

D: to let the business find the price for a quotation

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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 30.

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