Use the following information to answer the given questio...
Use the following information to answer the given question.
\(\begin{array}{c|c} & & N \\ \hline \text{Purchases:} & \text{raw materials} & 20,000 \\ & \text{finished goods} & 15,200 \\ \text{Stock 1/1/89:} & \text{ raw materials} & 3,000 \\ & \text{work-in-progress} & 2,500 \\ Wages: & direct & 22,800 \\ & indirect & 7,200 \\ \text{Factory expenses:} & electricity & 12,000 \\ & insurance & 2,000 \\ \text{Stock 31/12/89:} & \text{raw materials} & 4,000 \\ & \text{work-in-progress} & 4,500\end{array}\)
The cost of manufacturing goods is
N67,500
N65,500
N65,000
N63,000
N61,000
Correct answer is E
No explanation has been provided for this answer.
A transaction that would cause the cash book balance to be less than the bank statement balance...
Departments K Y Opening 2,500 800 Purchases 120,000 100,000 Sales 180,000 200,000 Salary 8,000 3...
When a proprietor withdraws cash from the business for private use, he ...
Into how many major types can general purpose computers be classified? ...
Using the following information to answer the given question \(\begin{array}{c|c} Post & Gr...
Which of the following describes a trial balance? ...
The distributable profit available to shareholders at the end of each year is the ...
The part of equity which is payable on winding up is called? ...
A disadvantage of single entry system of book-keeping is that ...