Match the Col and write the answer in the front column. Column A Column B 1.Prime cost a. Cost of Production plus opening stock minus closing stock 2.Factory Cost b. Work cost plus Office and admin overhead 3.Cost of Production c. Cost of Goods sold plus selling and distribution overhead 4.Cost of Goods Sold d. Direct Material and Direct labour 5.Cost of Sales e. Prime Cost plus Factory Over head

Match the Col and write the answer in the front column. Column A Column B 1.Prime cost a. Cost of Production plus opening stock minus closing stock 2.Factory Cost b. Work cost plus Office and admin overhead 3.Cost of Production c. Cost of Goods sold plus selling and distribution overhead 4.Cost of Goods Sold d. Direct Material and Direct labour 5.Cost of Sales e. Prime Cost plus Factory Over head

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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