₦ |
|
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?
₦57,900
₦18,200
₦20,300
₦23,000
Correct answer is C
Indirect cost = 880 + 800 + 18000 + 620
= ₦20,300
Expenses accured at the end of the accounting year is treated in the balance sheets as ...
......................... Departments ........................... &...
The purpose of preparing a trading account is to ascertain ...
Which of the following accounts belongs to the personal ledger? ...
Use the following to answer the given question \(\begin{array}{c|c} & N \\ \hline \text{Sto...
Use the following to answer the given question, \(\begin{array}{c|c} & ₦ \\ \hline Premis...