A manufacturing company's cost of production was D 200,000. The finished goods were transferred to the warehouse at D 220,000. At the end of the year, 9% of these goods were still in stock.
The value of the closing stock of finished goods in the trading account is?
D37,800
D20,000
D19,800
D18,000
Correct answer is C
No explanation has been provided for this answer.