O-LevelAccountingAccounting procedures7707/12 · May/June 2025 · Q271 Mark

A manufacturing business calculated the following amounts for the year ended 30 April 2025: prime cost: $360000 factory overheads: $114850 work in progress at 30 April 2025: $7940 purchase of finished products: $1100 Work in progress at 30 April 2024 was $8990. What is the production cost of goods completed for the year ended 30 April 2025?

A$361050

B$474 800

C$475 900

D$477000

✓ Correct answer

C: $475 900

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 2025 Paper 1 Variant 2, question 27.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content