Given:
Stock of raw materials 1/40............N11,150
Purchases of raw materials.............N112,550
Raw material returned...........N31,150
Stock of Raw materials 31/12/04........N27,150
Calculate the cost of raw materials consumed?
N156,000
N38,300
N183,150
N66,550
Correct answer is D
No explanation has been provided for this answer.