Cost Accounting Quiz on Manufacturing Account

Refresh or test your cost accounting knowledge by answering the following questions on Manufacturing account. If you are unsure of the answer please click to { see article} to re-learn what you have missed.


  1. Is the Manufacturing account an internal management account? If yes,what is the purpose of producing such report?—>>see { article }

      2. What types of cost are included in a manufacturing account?—>>see { article }

     3. What is “prime cost” What is factory cost? —>>see { article }

     4. What is the purpose of apportioning overheads?—->>see { article } { article }

      5. What is a profit centre   —>> see { article }

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