Use the information below to answer the question.Materials consumed................

Question

Use the information below to answer the question.

Materials consumed...................₦16,600
Direct cost..........................₦5,400
Factory rent.........................₦2,300
Factory lighting.....................₦1,200

Cost of production to be transferred at cost plus 20% mark-up.

The gross profit on manufacture is

Options

C)

₦5,100