Subsection 4.1. Activity based costing (ABC) for Accounting, A Level - revisedeck

4.1. Activity based costing (ABC)

A subsection of Accounting, 9706, through 4. Cost and management accounting (A Level)

Listing 9 of 9 questions

A particular cost is classified as ‘semi-variable’. What effect will a 20% reduction in activity have on the unit cost?

9706_m16_qp_12

MCQ

2016

Paper 1, Variant 2

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A particular cost is classified as ‘semi-variable’. What effect will a 20 % reduction in activity have on the unit cost?

9706_w09_qp_11

MCQ

2009

Paper 1, Variant 1

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A particular cost is classified as ‘semi-variable’. What effect will a 20 % reduction in activity have on the unit cost?

9706_w09_qp_12

MCQ

2009

Paper 1, Variant 2

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A business provides accounting services to its clients. One of its employees takes 30 hours to complete a job. The employee’s hourly rate is $25. The business absorbs its overheads at a rate of $10 per labour hour. It adds 20% profit to the total cost of the job. What is the total price of the job charged to the client?

9706_s24_qp_13

MCQ

2024

Paper 1, Variant 3

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A business has an activity level below budget and fixed overhead expenditure below budget. Do these result in an under absorption of fixed overhead?

9706_s15_qp_11

MCQ

2015

Paper 1, Variant 1

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A company is asked to make a new machine for a customer. It provides the following estimates. materials will cost $1100 labour will be 30 hours at a cost of $14 per hour The company charges overheads at $10 per labour hour and has a mark up of 30% on total cost. What is the price on the job cost sheet?

9706_w13_qp_12

MCQ

2013

Paper 1, Variant 2

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A business purchased a shop and incurred the following costs. $ purchase price of the shop 680 000 legal fees incurred in the purchase of the shop 7 200 cost of initial inventory 12 500 cost of installing air conditioning 47 300 Which amount was capital expenditure?

9706_w17_qp_11

MCQ

2017

Paper 1, Variant 1

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A sole trader had the following transactions. $ returns outwards carriage inwards goods for own use What was the total effect of these transactions on the cost of sales?

9706_w19_qp_12

MCQ

2019

Paper 1, Variant 2

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A business purchased a shop and incurred the following costs. $ purchase price of the shop 680 000 legal fees incurred in the purchase of the shop 7 200 cost of initial inventory 12 500 cost of installing air conditioning 47 300 What was the total capital expenditure?

9706_w23_qp_12

MCQ

2023

Paper 1, Variant 2

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Questions Discovered

9