Accounting Multiple Choice Question – 19 July 2022

Which items are included in prime cost?

1. royalties on goods produced
2. closing stock of work in progress
3. depreciation of factory equipment
4. opening stock of raw materials

Select ONE answer:

1. 1, 3 and 4 only
2. 1 and 4 only
3. 2, 3 and 4 only
4. 3 and 4 only

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 2

1. Not correct
2. Correct
3. Not correct
4. Not correct

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