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Manufacturing account for manufacturing business

Total questions: 6

Worksheet time: 3mins

Name
Class
Date
1.

Reason for preparation of Manufacturing account to find

a)

Cost of production

b)

Profit or loss

c)

financial position

d)

cash flow

2.

Prime cost include

a)

Cost of Raw material consumed

b)

Cost of sales

c)

Cost of production

d)

Works cost

3.

Factory capacity to produce 1000 units the manufacturer produce 800 units. it is

a)

under utilization

b)

Over utilization

c)

optimum utilization

d)

poor utilization

4.

not a Factory overhead

a)

Fuel to factory machinery

b)

Depreciation of factory machine

c)

Depreciation of factory building

d)

Factory direct labour wages

5.

Not a Manufacturing business

a)

Bharath Petroleum Corporation

b)

Reliance Jio

c)

Tata Motors

d)

Coka cola company

6.

Fuel spend for US$ 5000 with in this 3/4 for factory 1/4 for distribution which amount would be in Profit and loss account as expenses? (US$)

a)

1250

b)

3000

c)

3750

d)

4000