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Use the information below to answer the question:Direct labour.....................


Question

Use the information below to answer the question:

Direct labour...................₦50 000
Beginning work-in-progress......₦4 000
Raw materials used..............₦18 000
Indirect labour.................₦4 000
Ending finished goods...........₦16 000
Ending work-in-progress.........₦9 000
Factory supplies used...........₦7 000
Selling expenses................₦25 000
Beginning finished goods........₦21 000
Other factory overheads.........₦19 000

What is the cost of goods manufactured?

Options

A)
₦117 000
B)
₦104 000
C)
₦97 000
D)
₦93 000

The correct answer is D.


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