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A-LevelAccountingCapital and Revenue ExpenditureOct/Nov 2013Paper 1 Q31 Mark

Anna owns a plumbing business. Costs for the year were $49500 for wages and $95000 for materials. These included $2200 labour and $540 materials used by Anna in the extension of the business premises. Additional planning and legal costs of the extension were $450. What was Anna's total revenue expenditure for the year?

A$141310
B$141760
C$142300
D$144500

✓ Correct Answer

The correct answer is B: $141760

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Accounting Question

Topic

This multiple-choice question tests Capital and Revenue Expenditure in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Accounting Oct/Nov 2013 examination, Paper 1 Variant 2.

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