\(\begin{array}{c|c} & N \\ \hline \text{Opening stoc...
Use the following information to answer the given question
NOpening stock of raw materials8,000Purchases45,000Closing stock of raw materials9,500Direct wages6,450Indirect wages2,800Depreciation - Plant and Machinery3,200Factory rents and rates350Opening work-in-progress3,250Closing work-in-progress3,750
Cost of raw materials consumed is
N53,000
N45,500
N45.000
N43,500
Correct answer is D
No explanation has been provided for this answer.
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\(\begin{array}{c|c} & \text{N} \\ \hline \text{Debtors opening} & 4000 \\ \hline \text{De...
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