Given:Stock of raw materials 1/40............₦11 150Purchases of raw materials....
Question
Given:
Stock of raw materials 1/40............₦11 150
Purchases of raw materials.............₦112 550
Raw material returned..................₦31 150
Stock of Raw materials 31/12/04........₦27 150
Calculate the cost of raw materials consumed?
Options
A)
₦156 000
B)
₦38 300
C)
₦183 150
D)
₦66 550
The correct answer is D.
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