Accounting 9706 · AS & A Level · Activity based costing (ABC)

Activity based costing (ABC) — practice question

Ahmed produces two products and has begun applying Activity Based Costing (ABC).
(a)[10]

Calculate the full cost per unit for Product X and Product Y by using ABC.

(b)[3]

Calculate the overhead absorbed by each product using the direct labour hour rate.

(c)[4]

Explain how changing the method has affected the overhead cost of each product.

(d)[6]

Recommend whether Ahmed should accept the offer or not. Support your decision with suitable calculations and with both financial and non-financial factors in mind.

(e)[2]

State two reasons why a business might use ABC when allocating overhead costs.

Worked solution & mark scheme

This 25-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI