A-LevelAccountingManufacturing AccountsOct/Nov 2011Paper 1 Q101 Mark
A manufacturing company incurred the following costs. manufacturing labour $ 350 000 raw materials purchased 230 000 opening inventory of raw materials 40 000 closing inventory of raw materials 50 000 factory overheads 400 000 What was the prime cost of production?
A$570 000
B$580 000
C$970 000
D$980 000
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of manufacturing accounts 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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