Lesson Notes By Weeks and Term - Senior Secondary 2

Manufacturing account II

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Term: 1st Term

Week: 2

Class: Senior Secondary School 2

Age: 16 years

Duration: 40 minutes of 2 periods each

Date:       

Subject:      Financial accounting

Topic:-       Manufacturing account II

SPECIFIC OBJECTIVES: At the end of the lesson, pupils should be able to

  1. Describe the layout/format of a manufacturing account
  2. Discuss how to prepare a manufacturing and trading account

INSTRUCTIONAL TECHNIQUES: Identification, explanation, questions and answers, demonstration, videos from source

INSTRUCTIONAL MATERIALS: Videos, loud speaker, textbook, pictures

INSTRUCTIONAL PROCEDURES

PERIOD 1-2

PRESENTATION

TEACHER’S ACTIVITY

STUDENT’S ACTIVITY

STEP 1

INTRODUCTION

The teacher reviews the previous lesson on manufacturing account

Students pay attention

STEP 2

EXPLANATION

She describes the layout./format of a manufacturing account

 

Students pay attention and participates

STEP 3

DEMONSTRATION

She further discusses how to prepare a manufacturing and trading account 

Students pay attention and participate

STEP 4

NOTE TAKING

The teacher writes a summarized note on the board

The students copy the note in their books

 

NOTE

MANUFACTURING ACCOUNT

Steps Involved in the Preparation of the Manufacturing Account

The following steps will be followed in order to prepare a manufacturing

account:

  1. Opening stock of raw materials will be added to the purchases and the stock of raw materials shall be deducted. We will get the cost of materials used during the period.
  2. All the Indirect costs will be added 
  3. All the indirect manufacturing costs will be added
  4. To get the production cost of all goods completed, opening stock of Work in progress shall be added and thereafter closing stock of work in progress will be deducted 
  5. The total in the manufacturing account shows the total available for sale during the period.

 

   Format of Manufacturing Account

 

EVALUATION:    1. Describe the format of the manufacturing account

  1. What are the steps in the preparation of a manufacturing account?

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the students positively