Given:Prime cost ₦220,000 Factory cost ₦32,000 Work in progress at begin...
Question
Given:
Prime cost ₦220,000
Factory cost ₦32,000
Work in progress at beginning ₦25,000
Work in progress at close ₦19,000
Administrative expenses ₦21,000
Determine the production cost
Options
A)
₦296,000
B)
₦277,000
C)
₦258,000
D)
₦246,000
The correct answer is C.
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