Stock of material 1/1..............N10,000
Purchase of raw material...........N160,000
Manufacturing wages................N420,000
Royalties..........................N3,000
Stock of raw materials 31/12.......N14,000
Calculate the prime cost?
N597,000
N579,000
N576,000
N5,967000
Correct answer is B
No explanation has been provided for this answer.