Use the following information to answer the given...
Use the following information to answer the given question.
\(\begin{array}{c|c} & ₦\\ \hline \text{Prime cost} & 4,000\\ \text{Factory overheads} & 6,000\\ \text{Stock on 1/1/09 work-in-progress} & 1,000\\ \text{Stock on 31/12/09 work-in-progress} & 2,000 \\ \text{Returns inwards} & 800 \\ \text{Sales} & 20,000\end{array}\)
Net sales for the period is
₦20.000
₦20,8000
₦19,200
₦10,000
Correct answer is C
No explanation has been provided for this answer.
In a departmental account, the expenses to be apportioned on the basis of turnover is ...
Given: Rent..............N10,000 Rates.............N5,000 Capital...........N50,000 Salaries.......
In the absence of partnership agreement, a loan by a partner attracts interest at ...
A charitable club has the following figures: N Subscriptions received in 1991 2 800 Subscr...
One of the limitations of accounting is that ...
Replacement and renewal of fixed assets are? ...
In the preparation of manufacturing accounts, prime cost plus factory overheads equal to cost of ...