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O-LevelAccountingPreparation of financial statements7707/12 · May/June 2020 · Q271 Mark

A manufacturing business provided the following information. $ prime cost 236 000 factory overheads 42 000 opening work in progress 8000 closing work in progress 6000 What was the factory cost of production?

A$234000
B$238000
C$276000
D$280000

✓ Correct answer

D: $280000

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About this question

Topic
Preparation of financial statements, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2020 Paper 1 Variant 2, question 27.

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