A manufacturer produces 100000 tins of paint with a total direct materials cost of $300000. Direct labour is 2000 hours at a cost of $400000, and overheads are absorbed at the rate of $100 per direct labour hour. What is the cost of a tin of paint?
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of costing methods 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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