A-LevelAccountingTraditional costing methods9706/12 · Feb/Mar 2017 · Q271 Mark

A company provides the following information. Budgeted overheads $136000; budgeted labour hours 10568; actual overheads $146000; actual labour hours 10110. What is the overhead absorption rate per labour hour?

A$12.87

B$13.45

C$13.82

D$14.44

✓ Correct answer

A: $12.87

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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 27.

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