A-LevelAccountingTraditional costing methods9706/12 · Feb/Mar 2017 · Q261 Mark

The following information is available. Direct materials $20000; direct labour $45000; direct expenses $6000; variable overheads $11000; fixed overheads $38000; sales $240000. What is the contribution to sales ratio?

A50%

B54.58%

C65.83%

D70.42%

✓ Correct answer

C: 65.83%

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Topic: Traditional costing methods, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Feb/Mar 2017 Paper 1 Variant 2, question 26.

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