Cost of raw materials consumed 300,600 Carriage inwards 6...
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.
The production cost of finished goods is
N524,600
N408,600
N381,600
N327,600
Correct answer is A
No explanation has been provided for this answer.
Which of the following stock valuation methods is suitable under inflationary conditions? ...
A partner who has full power of participating in the conduct of a partnership business is a ...
Goods worth N300 was transferred from department Q to P Similarly, P's total expenses for the pe...
Sulah took two textile materials worth N500 from his business for his children's use. This would...
Which of the following is a debit item in the sales ledger control account? ...
Discount allowed as represented in the control account appears on the ...
Given: PTF Trial Balance [Extract] as at 31 December, 1999 Dr Cr N'000 N '000 Cash 2,0...