Accounting Multiple Choice Question – 17 October 2021

A company is about to quote a price for making a special order which requires 1,000 kg of material X and 1,500 kg of material Y.

The stock of material X can not be used by the company for any other product. Material Y is used frequently for other products.

Which cost of materials should be included in the quotation for the manufacture of this special order?

Select ONE answer:

1. £10,500
2. £11,000
3. £12,500
4. £14,500

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

1. Not correct
2. Not correct
3. Correct – (X – 1,000 * £2) + (Y – 1,500 * £7)
4. Not correct

This work is licensed under a Creative Commons Attribution 4.0 International License.