The table shows data for a manufacturing company for a year.

[Table showing office salaries $34 500, factory wages $115 000, depreciation on plant $3 700, depreciation on office equipment $1 500, cost of raw materials $89 600, royalties paid $4 200, closing inventory (stock) of completed goods $5 100]

What is the production cost of completed goods for the year?

Q: What topic does this question test?

This question tests Manufacturing Accounts in A-Level Accounting (syllabus code 9706). It is worth 1 mark.

Q: Which exam paper is this question from?

This question appeared in the Cambridge A-Level Accounting Oct/Nov 2010 examination, Paper 1 Variant 2 (9706_w10_qp_12.pdf).

Question

The table shows data for a manufacturing company for a year.

[Table showing office salaries $34 500, factory wages $115 000, depreciation on plant $3 700, depreciation on office equipment $1 500, cost of raw materials $89 600, royalties paid $4 200, closing inventory (stock) of completed goods $5 100]

What is the production cost of completed goods for the year?

Oracle Prep · Accepted Answer

The correct answer is C: $212 500.

✓ Correct Answer

📋 Examiner Report & Trap Analysis

🎯 Mark Scheme Breakdown

Unlock the Examiner's Analysis

About This A-Level Accounting Question

Topic

Source

Practice on Oracle Prep

Related Accounting Questions