Accounting 9706 · AS & A Level · Traditional costing methods

Traditional costing methods — practice question

D Limited operates as a manufacturing business.
(a)[4]

Explain two reasons for using absorption costing.

(b)[2]

Calculate the monthly break-even point measured in units.

(c)[2]

Calculate the expected profit or loss for January 2024.

(d)[2]

Calculate the number of units that must be sold to reach the monthly target profit of $150\,000$.

(e)[6]

Calculate the monthly profit from Option A.

(f)[7]

Draw up a monthly marginal costing statement for Option B.

(g)[7]

Advise the directors on whether they should proceed with either of these options. Support your recommendation by considering both financial and non-financial factors.

Worked solution & mark scheme

This 30-mark question has a full step-by-step worked solution and mark scheme. One marking point: Helpful when setting selling prices

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