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CSEC Principles of Accounts · May/June 2015 · Paper 2 · Question 5(b)(i)

Sedeno Knitted Goods sold 100% of its completed goods during the year ended 30 November 2014. Production costs and work-in-progress data are provided, along with a 50% mark-up on total cost of production.

Prepare a manufacturing account for Sedeno Knitted Goods for the year ended 30 November 2014 showing clearly the total cost of production.

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Other parts of this question

  1. 5(a)(i)Using the information provided, prepare the Accounts Receivable Control Account for the year ended 31 August 2014.[6 marks]
  2. 5(a)(ii)Using the information provided, prepare the Accounts Payable Control Account for the year ended 31 August 2014.[5 marks]
  3. 5(b)(ii)Prepare a trading account for Sedeno Knitted Goods for the year ended 30 November 2014.[4 marks]

More practice: the rest of this paper · more Cost Classification and Manufacturing Accounts questions · all CSEC Principles of Accounts past papers