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7 marksCost Classification and Manufacturing Accounts

CSEC Principles of Accounts · January 2017 · Paper 2 · Question 5(a)(i)

Authentic Sandals manufactures leather and fibre sandals, packaging each pair in a string bag. Information for stock, purchases, wages, insurance, and equipment/building costs for the year ended 31 May 2016 is provided.

Prepare a statement using the worksheet provided to show the cost of raw materials consumed for EACH raw material (Leather and Fibre).

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Other parts of this question

  1. 5(a)(ii)Prepare a statement to show the total direct expenses incurred for bags.[3 marks]
  2. 5(b)Beginning with the total cost of raw materials consumed, prepare the Manufacturing Account for Authentic Sandals for the period ending 31 May 2016, showing…[10 marks]

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