Accounting 0452 · IGCSE · Manufacturing accounts

Manufacturing accounts — practice question

Thembi produces wooden toys. She gave the following data for the financial year ending 31 August 2022. prime cost: $35\,000$ factory overheads: $17\,000$ work in progress: opening inventory: $1\,400$ closing inventory: $2\,300$ What was the cost of production of finished goods?

  • A$49\,700$
  • B$51\,100$
  • C$52\,000$
  • D$52\,900$

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