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2 marksCost Classification and Manufacturing Accounts

CSEC Principles of Accounts · 2022 · Paper 2 · Question 3(c)

Rayelle Manufacturing Company produced 50 000 AF2 automobile parts during the year ended 30 April 2022.

Calculate the unit cost of producing one AF2 automobile part in the year ended 30 April 2022 using the total cost of production figure from (b)(ii).

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Other parts of this question

  1. 3(a)(i)Calculate the total direct costs of producing one AF2 automobile part.[3 marks]
  2. 3(a)(ii)Calculate the total direct costs of producing 800 AF2 automobile parts.[3 marks]
  3. 3(b)(i)Prepare an extract showing calculations to arrive at the cost of raw materials used for the year ended 30 April 2022.[4 marks]
  4. 3(b)(ii)Prepare the company's manufacturing account to show the total cost of production of manufactured goods for the year ended 30 April 2022.[8 marks]

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