A-LevelAccountingCostingOct/Nov 2010Paper 1 Q291 Mark
A job cost sheet showed the following estimates. [Table showing materials $680, labour at $20 per hour $200, overheads at $10 per labour hour $100, profit $280, price of job $1 260] The job actually took 25% more labour hours than were estimated. What was the profit?
A$205
B$230
C$330
D$355
✓ Correct Answer
The correct answer is A. 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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