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Exam (elaborations)

Mark Scheme (Results) Summer 2022 Pearson Edexcel International GCSE In Accounting (4AC1) Paper 02R Financial statements

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Question number Answer Mark 1(a)(i) Award marks as indicated. Dina Manufacturing account for the year ended 31 March 2022 $ $ Opening inventory - raw materials 9 640 Purchases 98 400 (1) Closing inventory - raw materials (10 400) (1fb) Cost of raw materials consumed 97 640 (1of) Direct wages 38 400 (1) Royalties 1 780 (1) Prime cost 137 820 (1of) Factory overheads Depreciation charge - plant and machinery 17 200 (1) Indirect wages 27 000 (1) Insurance 3 200 (1) Electricity 7 800 (1) Factory rent 12 000 (1) 67 200 205 020 Opening inventory - work in progress 4 200 Closing inventory - work in progress (4 430) (230) (1) Production cost 204 790 (1of) (13

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