(a)[3]
State three reasons why keeping manufacturing costs in this way is useful to a business.
(b)[5]
Prepare the trading account part of the company's income statement for the year ending 31 December 2017.
(c)[6]
Produce a summarised manufacturing account for the year ended 31 December 2017. The account must show a total for factory overheads.
(d)[6]
Prepare a statement that calculates the profit for the year ended 31 December 2017.
(e)[5]
Advise the directors on whether they ought to buy the new machinery. Support your answer with reasons.