A-LevelAccountingTraditional costing methods9706/12 · May/June 2018 · Q261 Mark

The costs of producing 1000 units of a product are as follows. $ direct materials 20000 direct labour 10500 direct expenses 1600 variable overheads 11300 fixed overheads 7500 The selling price is $60 per unit and 1000 units are sold. What is the contribution to sales ratio?

A15.17%

B27.67%

C30.33%

D46.50%

✓ Correct answer

B: 27.67%

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Topic: Traditional costing methods, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, May/June 2018 Paper 1 Variant 2, question 26.

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