O-LevelAccountingAccounting procedures7707/11 · May/June 2010 · Q271 Mark

How is the factory cost of production calculated?

Adirect material + direct labour

Bdirect material + direct labour + direct expenses

Cdirect material + direct labour + direct expenses + factory overheads

Ddirect material + direct labour + direct expenses + total overheads

✓ Correct answer

C: direct material + direct labour + direct expenses + factory overheads

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Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2010 Paper 1 Variant 1, question 27.

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