WAEC Accounting 2021 Objective — Question 33
Question 33 of 50 from the West African Examinations Council (WAEC) Accounting 2021 Objective paper, with the correct answer and a full explanation.
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Manufacturing account is prepared to determine the
- A. cost of goods sold
- B. cost of goods producedCorrect
- C. profit on goods produced
- D. value of work-in-progress
Explanation
A manufacturing account is prepared to determine the cost of finished goods produced during a period.
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