Purchase:..Raw materials.................N15,000
F...
Purchase:..Raw materials.................N15,000
Finished goods.................N11,400
Stock:....(1/7/01)Raw materials..........N2,250
Work-in-progress...............N1,875
Wages:.....Direct...............N17,100
Indirect..............................N5,400
Stock:.....(30/06/02)Raw materials.......N3,000
Work-in-progress..............N3,375
The cost of raw materials consumed is?
N17,250
N15,750
N15,000
N14,250
Correct answer is D
No explanation has been provided for this answer.
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\(\begin{array}{c|c} & 1/7/10 & 30/6/11 \\ & D & D \\ \hline \text{Stock} & 1,46...
Total production cost- #360,000 Factory overhead cost- #56,000 Selling price per unit- #120 Produ...