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O-LevelAccountingAccounting proceduresOct/Nov 2022Paper 1 Q291 Mark

Thembi manufactures wooden toys. She provided the following information for the financial year ended 31 August 2022. prime cost $35000 factory overheads $17000 work in progress: opening inventory $1400 closing inventory $2300 What was the cost of production of finished goods?

A$49 700
B$51 100
C$52000
D$52900

✓ Correct Answer

The correct answer is B: $51 100

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This O-Level Accounting Question

Topic

This multiple-choice question tests Accounting procedures in O-Level Accounting (syllabus code 7707). It is worth 1 mark.

Source

This question appeared in the Cambridge O-Level Accounting Oct/Nov 2022 examination, Paper 1 Variant 3.

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