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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