A-LevelAccountingPreparation of financial statements9706/12 · Oct/Nov 2010 · Q141 Mark
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?
A$203 000
B$208 300
C$212 500
D$214 000
✓ Correct answer
C: $212 500
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