CXC CSEC Principles of Accounts (POA) exam guide: Section 13: Manufacturing Accounts



CXC CSEC Principles of Accounts Exam guide: Section 13: MANUFACTORING ACCOUNTS

CXC CSEC Principles of Accounts Exam Guide

Section 13: MANUFACTORING ACCOUNTS


SPECIFIC OBJECTIVES

The students should be able to:

CONTENT
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.

 


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guest101's picture
guest101 (not verified)
POA company accounts

what do you do with debentures in the balance sheet of a company?

guest101's picture
guest (not verified)
principles of accounts

sigh! exam next week Friday ( accounts ) hummm ....* just cant wait until they are ALL OVER

guest101's picture
guest (not verified)
i agree ......sigh

i agree ......sigh

guest101's picture
tashieka noad (not verified)
accounts

this is a lot.

guest101's picture
lanzil (not verified)
Manufacturing Account

That is hard to remember

guest101's picture
briney (not verified)
accounts

i really need help on manufacturing accounts an partnership

guest101's picture
tashii (not verified)
accounts

partnership is hard...

guest101's picture
Adrian (not verified)
Partnership is not hard, you

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

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