O-LevelAccountingPreparation of financial statements7707/11 · Oct/Nov 2019 · Q281 Mark

A manufacturer provided the following information. $ prime cost of manufacturing 81 200 factory overheads 63 200 opening work in progress 8500 closing work in progress 10300 distribution costs 10600 loan interest 4200 What was the cost of production?

A$142600

B$146 200

C$157400

D$167700

✓ Correct answer

A: $142600

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Topic: Preparation of financial statements, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2019 Paper 1 Variant 1, question 28.

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