Home » Past Questions » Accounts » Use the information below to answer questions Purchase:..Raw materials.............

Use the information below to answer questions Purchase:..Raw materials.............


Question

Use the information below to answer questions Purchase:..Raw materials.................₦15 000

Finished goods...........................₦11 400

Stock:....(1/7/01)Raw materials..........₦2 250

Work-in-progress.........................₦1 875

Wages:.....Direct........................₦17 100

Indirect.................................₦5 400

Stock:.....(30/06/02)Raw materials.......₦3 000

Work-in-progress.........................₦3 375The cost of raw materials consumed is?

Options

A)
₦17 250
B)
₦15 750
C)
₦15 000
D)
₦14 250

The correct answer is D.


More Past Questions:


Discussion