CXC CSEC Principles of Accounts (POA) exam guide: Section 13: Manufacturing Accounts
CXC CSEC Principles of Accounts Exam Guide
Section 13: MANUFACTORING ACCOUNTS
The students should be able to:
|1.||Distinguish between direct and indirect cost;||Elements of cost: direct materials, direct labour and factory overheads.
|2.||Prepare manufacturing accounts;||
Preparation of manufacturing account showing:
(a) cost of raw material consumed
(b) prime cost
(c) factory overheads
(d) work in progress
(e) cost of production
|3.||Calculate unit cost of items produced;
|Calculation of unit cost of items produced.
|4.||Prepare final accounts for a manufacturing concern;
|Preparation of Trading, Profit and Loss Account and Balance Sheet of a manufacturer.|
what do you do with debentures in the balance sheet of a company?
sigh! exam next week Friday ( accounts ) hummm ....* just cant wait until they are ALL OVER
i agree ......sigh
this is a lot.
That is hard to remember
i really need help on manufacturing accounts an partnership
partnership is hard...
Partnership is not hard, you just have to know how to interpret what the question asks and remember the order in which you must put your entries