O-LevelAccountingAccounting procedures7707/12 · May/June 2012 · Q271 Mark

A manufacturing business provided the following information. $ direct expenses 6 000 direct labour 15 000 direct materials 20 000 office expenses 4 000 factory heating and lighting 10 000 selling expenses 8 000 What was the prime cost of production?

A$41 000

B$45 000

C$51 000

D$63 000

✓ Correct answer

A: $41 000

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Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2012 Paper 1 Variant 2, question 27.

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