Tag: Manufacturing

Accounting Multiple Choice Question – 26 November 2023

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

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Which expense is included in prime cost of manufacturing?

Select ONE answer:

  1. depreciation of machinery
  2. purchase of factory machinery
  3. purchase of raw materials
  4. supervisor’s wages

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 3

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

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This work is licensed under a Creative Commons Attribution 4.0 International License.

Accounting Multiple Choice Question – 17 September 2023

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Photo by Nataliya Vaitkevich on Pexels.com

The table shows information for the last three months’ production for Alex Ltd

  • total of manufacturing hours: Budgeted 240,000 hours AND Actual 270,000 hours
  • hours to make one unit: Budgeted 3.0 hours AND Actual 2.7 hours

The budgeted manufacturing costs for the three month period are £720,000.

What is the budgeted cost per unit?

Select ONE answer:

  1. £1.5
  2. £2.25
  3. £3
  4. £4

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 4

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

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.