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£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,

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Presentation on theme: "£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,"— Presentation transcript:

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2 £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 Sheet C. Profit & Loss Account. £500 £200 £750 £2000 £8000 £4000 £16,000 £64,000 £250,000 £125,000 £500,000

3 £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

4 £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 Available A. Production Cost Of Goods C. PurchasesD. Production Expenses 50:50 The cost of Manufacturing goods is called ?

5 £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 ?

6 £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?

7 £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

8 £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 CostA. Factory Overheads C. Admin Expenses D. S&D Expenses 50:50 In Manufacturing accounts Direct Wages is shown as part of ?

9 £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

10 £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 ?

11 £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

12 £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

13 £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 ??

14 £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?

15 £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?

16 £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?

17 £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?

18 £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?

19 £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?

20 £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?

21 £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?

22 £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 AccountA. Trading Account D. Profit & Loss Account 50:50 C. Admin Expenses Production Expenses occur in what area?

23 £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?

24 £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 ?

25 £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 ?

26 £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?

27 £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?

28 £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 ?

29 £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 ?

30 £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?

31 £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?

32 !!! WELL DONE !!! 200

33 !!! WELL DONE !!! 500

34 !!! WELL DONE !!! 750

35 !!! WELL DONE !!! 1000

36 !!! WELL DONE !!! 2000

37 !!! WELL DONE !!! 4000

38 !!! WELL DONE !!! 8000

39 !!! WELL DONE !!! 16,000

40 !!! WELL DONE !!! 32,000

41 !!! WELL DONE !!! 64,000

42 !!! WELL DONE !!! 125,000

43 !!! WELL DONE !!! 250,000

44 !!! WELL DONE !!! 500,000

45 !!! WELL DONE !!! 1,000,000

46 !!! WRONG ANSWER !!! Try AGAIN !!!

47 !!! WRONG ANSWER !!! Try AGAIN !!!

48 !!! WRONG ANSWER !!! Try AGAIN !!!

49 !!! WRONG ANSWER !!! Try AGAIN !!!

50 !!! WRONG ANSWER !!! Try AGAIN !!!

51 !!! WRONG ANSWER !!! Try AGAIN !!!

52 !!! WRONG ANSWER !!! Try AGAIN !!!

53 !!! WRONG ANSWER !!! Try AGAIN !!

54 !!! WRONG ANSWER !!! Try AGAIN !!!

55 !!! WRONG ANSWER !!! Try AGAIN !!!

56 !!! WRONG ANSWER !!! Try AGAIN !!!

57 !!! WRONG ANSWER !!! Try AGAIN !!!

58 !!! WRONG ANSWER !!! Try AGAIN !!!

59 !!! WRONG ANSWER !!! Try AGAIN !!!

60 !!! WRONG ANSWER !!! Try AGAIN To complete the Quiz !!!

61 !!! Well Done !!!


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