£100 £500 £200 £1000 £750 £2000 £8000 £4000 £32,000 £16,000 £64,000 £250,000 £125,000...
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Transcript of £100 £500 £200 £1000 £750 £2000 £8000 £4000 £32,000 £16,000 £64,000 £250,000 £125,000...
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
50:50
A. Trading Account
The words Raw materials, WIP, Production and Factory are all associated with ?
B. Manufacturing Account
D. Balance SheetC. Profit & Loss Account.
£500
£200
£750
£2000
£8000
£4000
£16,000
£64,000
£250,000
£125,000
£500,000
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
B. Manufacturing Account
.
50:50
The words Raw materials, WIP, Production and Factory are all associated with ?
A. Trading Account
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
B. Cost of Goods AvailableA . Production Cost Of Goods
C. Purchases D. Production Expenses
50:50
The cost of Manufacturing goods is called ?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
50:50
A . Production Cost Of Goods
D. Production Expenses
The cost of Manufacturing goods is called ?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
B. Raw materialsA . Prime Cost
C. Finished Goods D. Factory Overhead Expenses
50:50
The indirect factory costs of manufacturing goods is called?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
50:50
The indirect factory costs of manufacturing goods is called?
B. Raw materials
D. Factory Overhead Expenses
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
B. Prime Cost A . Factory Overheads
C. Admin Expenses D. S&D Expenses
50:50
In Manufacturing accounts Direct Wages is shown as part of ?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
50:50
In Manufacturing accounts Direct Wages is shown as part of ?
B. Prime Cost
C. Admin Expenses
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
B. Admin ExpensesA . Direct Expenses
C. Factory Overheads D. Cost of Materials
50:50
Depreciation of Plant + Machinery should be included in ?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
50:50
Depreciation of Plant + Machinery should be included in ?
A . Direct Expenses
C. Factory Overheads
£100
£500
£200
£750
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
B. Factory Overhead ExpensesA . Profit &Loss Account
C. Trading Account D. Direct Raw Materials
50:50
Admin Expenses Occur in ??
£2000
£1000
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
50:50
B. Factory Overhead ExpensesA . Profit &Loss Account
Admin Expenses Occur in ??
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
B. Carriage OutwardsA . Sales
C. Salesman Salaries D. Office Salaries
50:50
Which of the following can be classified as an Admin Expense?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
C. Salesman Salaries D. Office Salaries
50:50
Which of the following can be classified as an Admin Expense?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
B. Current AssetsA . Fixed Assets
D. Financed By
50:50
C . Current Liabilities
WIP should be shown in which category of Balance Sheet?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
50:50
B. Current Assets
C . Current Liabilities
WIP should be shown in which category of Balance Sheet?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
B. Admin ExpensesA . Factory Overhead Expenses
D. Selling & Distribution
50:50
C . Prime Cost
Cost of raw Materials Used should be included
in?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
50:50
A . Factory Overhead Expenses
C . Prime Cost
Cost of raw Materials Used should be included
in?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
A. Production Cost of Goods B. Trading Account
C. P+L Account D. Prime Cost
50:50
Opening and Closing work in progress are shown in?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
50:50
A. Production Cost of Goods
D. Prime Cost
Opening and Closing work in progress are shown in?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
B. Manufacturing Account A . Trading Account
D. Profit & Loss Account
50:50
C . Admin Expenses
Production Expenses occur in what area?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
50:50
B. Manufacturing Account
D. Profit & Loss Account
Production Expenses occur in what area?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
B. ExpensesA .Manufacturing Account
D. Cost of Raw materials
50:50
C . Trading Account
Stock of Finished Goods appears in ?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
D. Cost of Raw materials
50:50
C . Trading Account
Stock of Finished Goods appears in ?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
A. B.
C. D. Gross Profit + Expenses
50:50
A. Prime Cost + Factory Overheads
B. Prime Cost - Factory Overheads
C. Cost of Raw Materials - Expenses
Cost of Production calculation is?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
A. B.
C.
50:50
A. Prime Cost + Factory Overheads
C. Cost of Raw Materials - Expenses
Cost of Production calculation is?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£500,000
B. Trading AccountsA . Prime Cost
C. Factory Overheads
50:50
D. Admin Expenses
£1,000,000
Accountancy Charges are included in ?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£500,000
B. Trading Accounts
50:50
D. Admin Expenses
£1,000,000
Accountancy Charges are included in ?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
B. Gross Profit in Trading A/CA . Prime Cost
C. Cost of Production
50:50
D. Net Profit
The difference between the opening stock and closing stock work in progress is included in
calculation for?
£100
£500
£200
£1000
£750
£2000
£8000
£4000
£32,000
£16,000
£64,000
£250,000
£125,000
£1,000,000
£500,000
B. Gross Profit in Trading A/C
C. Cost of Production
50:50
The difference between the opening stock and closing stock work in progress is included in
calculation for?
!!! WELL DONE !!!!!! WELL DONE !!!
200 200
!!! WELL DONE !!!!!! WELL DONE !!!
500 500
!!! WELL DONE !!!!!! WELL DONE !!!
750 750
!!! WELL DONE !!!!!! WELL DONE !!!
1000 1000
!!! WELL DONE !!!!!! WELL DONE !!!
2000 2000
!!! WELL DONE !!!!!! WELL DONE !!!
4000 4000
!!! WELL DONE !!!!!! WELL DONE !!!
8000 8000
!!! WELL DONE !!!!!! WELL DONE !!!
16,000 16,000
!!! WELL DONE !!!!!! WELL DONE !!!
32,000 32,000
!!! WELL DONE !!!!!! WELL DONE !!!
64,00064,000
!!! WELL DONE !!!!!! WELL DONE !!!
125,000125,000
!!! WELL DONE !!!!!! WELL DONE !!!
250,000250,000
!!! WELL DONE !!!!!! WELL DONE !!!
500,000500,000
!!! WELL DONE !!!!!! WELL DONE !!!
1,000,0001,000,000
!!! WRONG ANSWER !!!!!! WRONG ANSWER !!!
Try AGAIN !!!
!!! WRONG ANSWER !!!!!! WRONG ANSWER !!!
Try AGAIN !!!
!!! WRONG ANSWER !!!!!! WRONG ANSWER !!!
Try AGAIN !!!
!!! WRONG ANSWER !!!!!! WRONG ANSWER !!!
Try AGAIN !!!
!!! WRONG ANSWER !!!!!! WRONG ANSWER !!!
Try AGAIN !!!
!!! WRONG ANSWER !!!!!! WRONG ANSWER !!!
Try AGAIN !!!
!!! WRONG ANSWER !!!!!! WRONG ANSWER !!!
Try AGAIN !!!
!!! WRONG ANSWER !!!!!! WRONG ANSWER !!!
Try AGAIN !!
!!! WRONG ANSWER !!!!!! WRONG ANSWER !!!
Try AGAIN !!!
!!! WRONG ANSWER !!!!!! WRONG ANSWER !!!
Try AGAIN !!!
!!! WRONG ANSWER !!!!!! WRONG ANSWER !!!
Try AGAIN !!!
!!! WRONG ANSWER !!!!!! WRONG ANSWER !!!
Try AGAIN !!!
!!! WRONG ANSWER !!!!!! WRONG ANSWER !!!
Try AGAIN !!!
!!! WRONG ANSWER !!!!!! WRONG ANSWER !!!
Try AGAIN !!!
!!! WRONG ANSWER !!!!!! WRONG ANSWER !!!
Try AGAIN To complete the Quiz !!!
!!! Well Done !!!