A-LevelAccountingCostingMay/June 2025Paper 1 Q271 Mark
A manufacturing business provides the following budgeted annual information. direct wages ($12 per labour hour) $600 000 fixed overheads $160 000 Fixed overheads are absorbed on the basis of direct labour hours. A job requires direct materials costing $480 and needs 30 labour hours. The business wishes to make a profit margin of 25% for this job. What is the price to be quoted for this job?
A$1170
B$1248
C$1270
D$1404
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of costing within the Accountingsyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
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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