O-LevelAccountingAccounting procedures7707/12 · Oct/Nov 2023 · Q281 Mark

A manufacturing business provided the following information. $ closing work in progress 840 factory overheads 20 945 opening work in progress 910 prime cost 40 750 What was the factory cost of production?

A$19735

B$19875

C$61625

D$61765

✓ Correct answer

D: $61765

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Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2023 Paper 1 Variant 2, question 28.

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