Overheads and Manufacturing Accounts · CAPE Accounting Unit 2

38 past-paper questions on Overheads and Manufacturing Accounts, part of Module 1: Costing Principles, from every CAPE Accounting Unit 2 paper on Quelpr.

1. 1(a)(i)17 marks· CAPE Accounting Unit 2 · 2002 · Paper 2Prepare a schedule of cost of goods manufactured, taking into account the information contained in the income statement and the additional information provided.
2. 2(a)4 marks· CAPE Accounting Unit 2 · 2002 · Paper 2Calculate the predetermined overhead rates for the machining department and finishing department.
3. 1(a)15 marks· CAPE Accounting Unit 2 · 2004 · Paper 2Prepare a schedule of cost of goods manufactured.
4. 1(b)5 marks· CAPE Accounting Unit 2 · 2004 · Paper 2Prepare the cost of goods sold section.
5. 1(a)(iii)4 marks· CAPE Accounting Unit 2 · 2006 · Paper 2Compute the total product costs incurred for the current period.
6. 1(a)(v)3 marks· CAPE Accounting Unit 2 · 2006 · Paper 2Compute total manufacturing overhead for the current period.
7. 1(a)(vi)5 marks· CAPE Accounting Unit 2 · 2006 · Paper 2Compute cost of goods manufactured for the current period.
8. 1(a)(vii)4 marks· CAPE Accounting Unit 2 · 2006 · Paper 2Compute cost of goods sold for the current period.
9. 1(a)(iii)3 marks· CAPE Accounting Unit 2 · 2008 · Paper 2Compute total factory overhead.
10. 1(a)(iv)2 marks· CAPE Accounting Unit 2 · 2008 · Paper 2Compute total product cost.
11. 1(c)(i)3 marks· CAPE Accounting Unit 2 · 2008 · Paper 2Calculate the allocation rate for EACH service department.
12. 1(c)(ii)14 marks· CAPE Accounting Unit 2 · 2008 · Paper 2Calculate the amount of overhead cost that will be assigned to EACH operating department.
13. 1(c)(i)10 marks· CAPE Accounting Unit 2 · 2009 · Paper 2Prepare a Cost of Goods Manufactured Statement for 2008.
14. 1(c)(ii)5 marks· CAPE Accounting Unit 2 · 2009 · Paper 2Prepare an Income Statement for 2008.
15. 1(c)10 marks· CAPE Accounting Unit 2 · 2010 · Paper 2Calculate the total service department costs that should be allocated to EACH production department using the direct method.
16. 1(a)(i)11 marks· CAPE Accounting Unit 2 · 2011 · Paper 2Prepare a schedule of cost of goods manufactured for the year ended December 31, 2010.
17. 1(a)(ii)4 marks· CAPE Accounting Unit 2 · 2011 · Paper 2Calculate Horsford Company's cost of goods sold for the year ended December 31, 2010.
18. 1(c)(i)3 marks· CAPE Accounting Unit 2 · 2011 · Paper 2Compute the pre-determined manufacturing overhead rate for the year.
19. 1(c)(ii)2 marks· CAPE Accounting Unit 2 · 2011 · Paper 2Calculate the amount of manufacturing overhead applied during January 2010.
20. 1(c)(i)2 marks· CAPE Accounting Unit 2 · 2012 · Paper 2Calculate the cost of finished goods manufactured.
21. 1(c)(ii)2 marks· CAPE Accounting Unit 2 · 2012 · Paper 2Calculate the cost of goods sold.
22. 1(a)(i)13 marks· CAPE Accounting Unit 2 · 2013 · Paper 2Using the provided answer sheet, prepare a schedule to allocate service department costs to production departments using the step-down method.
23. 1(a)(ii)2 marks· CAPE Accounting Unit 2 · 2013 · Paper 2Compute predetermined overhead rates for Production Department P1 and Production Department P2.
24. 1(a)(i)20 marks· CAPE Accounting Unit 2 · 2015 · Paper 2Prepare a schedule of cost of goods manufactured for the year ended 31 December 2014.
25. 1(a)(ii)6 marks· CAPE Accounting Unit 2 · 2015 · Paper 2Calculate Sicard Industries' cost of goods sold (Cost of Sales) for the year ended 31 December 2014.
26. 1(a)(iii)5 marks· CAPE Accounting Unit 2 · 2015 · Paper 2Prepare a schedule of Sicard Industries' selling and distributions costs for the year ended 31 December 2014.
27. 1(d)(i)2 marks· CAPE Accounting Unit 2 · 2016 · Paper 2Compute the predetermined production overhead rate for 2015.
28. 1(d)(ii)2 marks· CAPE Accounting Unit 2 · 2016 · Paper 2Calculate the over/under applied overhead for December 2015.
29. 1(a)17 marks· CAPE Accounting Unit 2 · 2017 · Paper 2Prepare a schedule of the cost of goods manufactured for the year ending 31 December 2016.
30. 2(a)4 marks· CAPE Accounting Unit 2 · 2018 · Paper 2Compute the predetermined factory overhead rate for EACH department.
31. 1(c)(i)21 marks· CAPE Accounting Unit 2 · 2019 · Paper 2Prepare the manufacturing account for the year ending 31 March 2019.
32. 2(b)6 marks· CAPE Accounting Unit 2 · 2019 · Paper 2Determine the bid price for Product 427, using machine hours to apply overheads.
33. 1(c)4 marks· CAPE Accounting Unit 2 · 2021 · Paper 2Outline the TWO main differences between 'cost allocation' and 'cost apportionment'.
34. 1(d)9 marks· CAPE Accounting Unit 2 · 2021 · Paper 2Calculate the amount of overhead cost that will be assigned to EACH production department.
35. 2(b)(i)2 marks· CAPE Accounting Unit 2 · 2021 · Paper 2Calculate the predetermined overhead rate used by Phillips Electrical.
36. 2(b)(iii)2 marks· CAPE Accounting Unit 2 · 2021 · Paper 2Calculate the total prime cost incurred during the month of March.
37. 2(b)(iv)3 marks· CAPE Accounting Unit 2 · 2021 · Paper 2Calculate the cost of goods manufactured for March.
38. 1(c)12 marks· CAPE Accounting Unit 2 · 2022 · Paper 2Determine the basis of apportionment/allocation for rent, electricity, machine depreciation, and indirect labour, and calculate the allocated costs to complete the table for spaces labelled (i) to (xx).