Accounting 9706 · AS & A Level · Traditional costing methods

Traditional costing methods — practice question

A company has divided its costs among different departments, as set out below. Allocated costs: Production department 1: $80\,000$ Production department 2: $60\,000$ Maintenance department: $10\,000$ Distribution of maintenance department costs: Production department 1: $60\%$ Production department 2: $40\%$ Direct labour hours: Production department 1: 20\,000 hours Production department 2: 8000 hours What is the overhead absorption rate per labour hour for production department 1?

  • A$3.70$
  • B$4.00$
  • C$4.20$
  • D$4.30$

Worked solution & mark scheme

This 1-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