O-LevelAccountingAccounting procedures7707/12 · May/June 2024 · Q281 Mark

A manufacturing company provided the following information. $ cost of raw materials 186 000 direct wages 75 000 machinery depreciation 45 000 factory supervisor's salary 32 000 factory rent 24 000 machinery repairs 18 000 What was the prime cost of manufacturing?

A$186 000

B$261 000

C$293 000

D$380 000

✓ Correct answer

B: $261 000

Oracle Prep sorts past-paper questions by topic, so you can drill Accounting procedures and see which topics are most likely to come up next.

Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2024 Paper 1 Variant 2, question 28.

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