Purchase of raw materials - #330,000
Closing stock...
Purchase of raw materials - #330,000
Closing stock of raw materials - #80,000
Direct wages - #30,000
Carriages of raw materials - #10,000
Determine the prime cost.
#525,000
#515,000
#465,000
#370,000
Correct answer is D
330,000 + 30000 + 10,000 = 370,000
Cost of raw materials consumed 300,600 Carriage inwards 6,700 Returns of raw materials 10,800 Clo...
Accounting concepts are rules of accounting which are to be ...
When bank charges are discovered in a bank statement, the adjustment is effected in the ...
The transaction that completes its double entry in the same ledger account appears in ...
Using LIFO method of stock valuation, analyze the issue quantities and their prices ...