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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 000Calculate the prime cost?

Options

A)
₦597000
B)
₦579000
C)
₦576000
D)
₦5967000

The correct answer is B.


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