O-LevelAccountingPreparation of financial statementsOct/Nov 2019Paper 1 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
The correct answer is A. This question tests the candidate's understanding of preparation of financial statements within the Accountingsyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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