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A-LevelAccountingCosting Principles and SystemsMay/June 2021Paper 1 Q211 Mark

An employee is paid $20 an hour basic pay for working seven hours a day. Overtime is paid at the rate of time and a quarter (basic pay plus 25%). A bonus is also paid at the rate of time and a half (basic pay plus 50%) for each unit produced in excess of eight units per day. On Monday the employee worked 10 hours and produced 10 units. How much did the employee earn on Monday?

A$175
B$200
C$215
D$275

✓ Correct Answer

The correct answer is D. This question tests the candidate's understanding of costing principles and systems within the Accountingsyllabus. The examiner's mark scheme requires...

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Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

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About This A-Level Accounting Question

This multiple-choice question appeared in the Cambridge A-Level Accounting (9706) May/June 2021 examination, Paper 1 Variant 2. It tests the topic of Costing Principles and Systems and is worth 1 mark.

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