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Opening stock of raw materials - ₦75,000Purchase of raw materials - ₦330,000...


Question

Opening stock of raw materials - ₦75,000

Purchase of raw materials - ₦330,000

Closing stock of raw materials - ₦80,000

Direct wages - ₦30,000

Carriages of raw materials - ₦10,000

Calculate the cost of raw materials used.

Options

A)
₦495,000
B)
₦415,000
C)
₦335,000
D)
₦305,000

The correct answer is C.


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