Home » Past Questions » Accounts » Use the information below to answer questions .Stock of material 1/1................

Use the information below to answer questions .Stock of material 1/1................


Question

Use the information below to answer questions .Stock of material 1/1..............₦10 000

Purchase of raw material...........₦160 000

Manufacturing wages................₦420 000

Royalties..........................₦3 000

Stock of raw materials 31/12.......₦14 000What is the cost of raw materials consumed?

Options

A)
₦173 000
B)
₦170 000
C)
₦160 000
D)
₦156 000

The correct answer is D.


More Past Questions:


Discussion