| |
₦
|
|
Manufacturing wages
|
42,000 |
|
Factory rent
|
880 |
|
Raw materials: Stock 1/1/16
|
1,000 |
|
Purchases
|
16,000 |
|
Stock 31/12/16
|
1,400 |
|
Depreciation of Plants and Machinery
|
800 |
|
Royalties
|
300 |
|
Indirect wages
|
18,000 |
|
General indirect expenses
|
620 |
What is the value of the indirect manufacturing cost?
Indirect cost = 880 + 800 + 18000 + 620
= ₦20,300