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\(\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

Prime cost is N53,000

A.

N53,000

B.

N52,750

C.

N49,950

D.

N46,300

Correct answer is C

No explanation has been provided for this answer.