A-LevelAccountingCosting for materials and labour9706/12 · Feb/Mar 2018 · Q191 Mark

What is a direct cost?

Aone that can be traced to a cost item

Bone that is always fixed

Cone that is always semi-variable

Done that is always variable

✓ Correct answer

A: one that can be traced to a cost item

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Costing for materials and labour and see which topics are most likely to come up next.

About this question

Topic: Costing for materials and labour, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Feb/Mar 2018 Paper 1 Variant 2, question 19.

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

Related Accounting questions

Costing for materials and labourFeb/Mar 20201m

Which statement is correct when production increases?

Costing for materials and labourFeb/Mar 20211m

A manufacturing company pays its production employees basic wages at the same hourly rate every week. It also pays th…

Costing for materials and labourFeb/Mar 20211m

The budgeted data of N Limited is as follows. production level total costs 15000 units $406 000 25000 units $546 000…

Traditional costing methodsMay/June 20201m

A company with fixed costs of $50000 and a contribution to sales ratio of 40% makes a profit of $30000. What are the …

Traditional costing methodsMay/June 20201m

What is not an assumption made in cost-volume-profit analysis?

Traditional costing methodsMay/June 20201m

The actual output for a business is lower than that forecast. Which costs would normally still be the same as forecas…

← Browse all past-paper questions