A-LevelAccountingTraditional costing methods9706/12 · May/June 2020 · Q211 Mark

A business provided the following information. [Table with 'budgeted overheads' $20000, 'budgeted direct labour hours' 2000, 'direct labour rate' $20 per hour] A job used materials costing $45 and 6 hours of direct labour. Overheads are charged on the basis of direct labour hours used. What was the cost of the job before adding any profit?

A$105

B$165

C$180

D$225

✓ Correct answer

D: $225

Oracle Prep sorts past-paper questions by topic, so you can drill Traditional costing methods and see which topics are most likely to come up next.

Topic: Traditional costing methods, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, May/June 2020 Paper 1 Variant 2, question 21.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content