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SS2: FINANCIAL ACCOUNTING - 2ND TERM

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Lesson 1 of 5
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Manufacturing Accounts | Week 1

Performance Objectives

At the end of this lesson, the students should know:

  • Meaning of Manufacturing Account
  • Purpose of Manufacturing Account
  • Definition of Analysis of Cost
  • (i) Prime Cost
  • (ii) Factory Overhead
  • (iii) Cost of Production
  • (iv) Work in Progress
  • Format of Manufacturing Account
  • Illustrations of Manufacturing Account
  • Solutions to Manufacturing Account

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