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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. This question tests the candidate's understanding of accounting procedures 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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About This O-Level Accounting Question

This multiple-choice question appeared in the Cambridge O-Level Accounting (7707) Oct/Nov 2022 examination, Paper 1 Variant 3. It tests the topic of Accounting procedures and is worth 1 mark.

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