Cost of raw materials consumed 300,600
Carriage in...
Cost of raw materials consumed 300,600
Carriage inwards 6,700
Returns of raw materials 10,800
Closing stock of raw materials 100,250
Manufacturing wages 27,000
Lighting, power, insurance and rent
relation to the factory are
apportioned 1/3,2/5, 1/6 and 17
with totals N30,000; N75,000; N36,000 and N56,000 respectively.
What is the cost of the opening raw materials?
N418,350
N404,950
N400,250
N398,250
Correct answer is B
No explanation has been provided for this answer.
A company advertised and issued 750,000, 12% preference shares of N1 each to be issued ₦1.50 ...
\(\begin{array}{c|c} & \text{N} \\ \hline \text{Balance as per cashbook} & 5 467 \\ \hline \...
The balance of the pretty cash book should be ...
The understatement of closing value of work-in-process would have the effect of? ...
Adama's bank account showed an overdraft of N600 on 31st march. On going through the account, it...
The sales day Book is used to record ...
Payment of salaries to partners is ...
Carriage outward expenses of a business are treated in the ...