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CXC CAPE · · Accounting

Material, labour and overhead costs
Practice Questions

40 CXC CAPE Accounting questions on Material, labour and overhead costs, each with instant feedback and a full examiner-style mark scheme.

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✨ Revision guide includes key terms, worked examples and exam technique for Material, labour and overhead costs.

Try 2 sample questions on Material, labour and overhead costs

Question 1 · 1 mark · Difficulty 1/3

What is allocation of an overhead?

  1. Charging a whole overhead to the single cost centre that caused it
  2. Charging overhead into cost units using a rate
  3. Sharing an overhead across several cost centres on a fair basis
  4. Redistributing service centre costs to production centres
Show answer & explanation
✓ Answer: A — Charging a whole overhead to the single cost centre that caused it
Award 1 mark. Sharing across centres is apportionment, and charging into units is absorption — three distinct steps that are easily confused.
Question 2 · 1 mark · Difficulty 1/3

What does FIFO assume about material issues?

  1. All units are issued at an average cost
  2. Units are issued at their current replacement cost
  3. The oldest units held are issued first
  4. The newest units held are issued first
Show answer & explanation
✓ Answer: C — The oldest units held are issued first
Award 1 mark. It is a pricing convention, not a statement about which physical unit left the store — once identical units are mixed, nobody can tell.
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20 questions · 25 min · free

CXC CAPE Accounting: Material, labour and overhead costs FAQ

Is Kramizo free for CXC CAPE students preparing for Accounting?
Yes — completely free. Every student gets 45 questions a day on the free plan, with no card required and no trial countdown. That free quota works across every subject and every topic in our bank, so you can mix Material, labour and overhead costs practice with other Accounting topics or even switch to a totally different CXC CAPE subject without paying anything. Kramizo's optional Pro plan removes the daily cap and adds detailed progress analytics, but the free tier is the real product — used by thousands of GCSE, IGCSE and CSEC students.
Are the Material, labour and overhead costs questions aligned to the official CXC CAPE Accounting syllabus?
Every question is written against the published CXC CAPE Accounting specification, including the exact command words (state, describe, explain, calculate, evaluate, etc.), mark allocations, and difficulty tier you'd see on a real CXC CAPE paper. Explanations are written in the style of official examiner mark schemes — they tell you what is being awarded marks and why distractors are wrong, not just whether you got it right. The bank is continually refined to match the latest syllabus updates from CXC CAPE.
How is Material, labour and overhead costs typically tested on CXC CAPE Accounting papers?
Material, labour and overhead costs appears across multiple question types on real CXC CAPE Accounting papers — most commonly as multiple-choice questions in the objective section, structured short-answer questions in the main paper, and occasionally as part of an extended response. Kramizo's practice bank reflects that mix: 4-option MCQs, true/false statements, fill-in-the-blank key terms, multi-select questions, and ordering questions. Working through the bank gives you exposure to every question style examiners actually use.

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