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A Level Accounting (9706)•9706/11/O/N/24
Question 25 from 9706/11/O/N/24

Explanation

Insufficient information to match options Steps:

  • Calculate Amu's labor: 10 hours × 25/hour=25/hour = 25/hour=250.
  • Calculate assistant's labor: 100 hours × 70/hour=70/hour = 70/hour=7,000.
  • Total labor cost: 250+250 + 250+7,000 = $7,250.
  • Apply 20% markup to labor: 7,250×1.20=7,250 × 1.20 = 7,250×1.20=8,700.
  • Add materials: 8,700+8,700 + 8,700+1,000 = $9,700 (does not match any choice; rates may be ambiguous or misstated). Not enough information.

Final answer: Not enough information.

Topic: Traditional costing methods

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