Loading [MathJax]/jax/output/HTML-CSS/jax.js
Home / Aptitude Tests / Accounting / \(\begin{array}{c|c}...

\(\begin{array}{c|c} & N \\ \hline \text{Opening stoc...

Use the following information to answer the given question 

NOpening stock:- raw materials6,500-work-in-progress2,500Closing Stock:- raw materials4,000-work-in-progress1,000Purchases of raw materials12,500Manufacturing wages2,000Factory rent500

What is the prime cost?

A.

N19,000

B.

N18,000

C.

N17,500

D.

N17,000

Correct answer is D

No explanation has been provided for this answer.