O-LevelAccountingPreparation of financial statementsOct/Nov 2024Paper 1 Q281 Mark
A factory makes uniforms for school children. What is not included in the calculation of prime cost in the factory's manufacturing account?
Acost of the cloth used to make the uniforms
Bdelivery costs of bringing the cloth to the factory
Cwages of the drivers who deliver the completed uniforms to shops
Dwages of the sewing machinists who make the uniforms
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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...
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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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