ICAP CAF

ICAP Certificate in Accounting and Finance (CAF), Pakistan

Cost Management AccountingEnglish
Exam overview

Practice session

A manufacturing entity recorded the following production costs during the month: Direct materials consumed PKR 1,800,000; Direct manufacturing labor PKR 1,200,000; Indirect factory wages PKR 300,000; Factory electricity and maintenance PKR 500,000; Factory building depreciation PKR 200,000; and Administrative office rent PKR 400,000. What are the Prime Cost and Conversion Cost for the month?

Loading your practice session…