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Cambridge IGCSE Accounting

5.4Manufacturing accounts

Manufacturing accounts in Cambridge IGCSE Accounting: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic40 practice questions2 lessons

Learning objectives

What the syllabus expects you to be able to do.

  1. 5.4.1Classify direct and indirect costs and calculate prime cost and the factory cost of production, adjusting for work in progress.
  2. 5.4.2Prepare manufacturing accounts, statements of profit or loss and statements of financial position.

Lessons

  • Manufacturing accounts and a manufacturer's financial statements

    50 min

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  • Manufacturing costs: prime cost, overheads and work in progress

    35 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Manufacturing accounts: sample question

1 mark

In the income statement of a manufacturer, the production cost of goods completed takes the place of …

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