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A-LevelAccountingCosting for materials and labour9706/12 · May/June 2021 · 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

D: $275

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About this question

Topic
Costing for materials and labour, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, May/June 2021 Paper 1 Variant 2, question 21.

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