use the following information to answer the given question (begin{array}{c|c} & N \ hline text{Opening…

use the following information to answer the given question
(begin{array}{c|c} & N \ hline text{Opening stock:} & \ text{- raw materials} & 6,500 \ text{-work-in-progress} & 2,500 \ text{Closing Stock:} & \ text{- raw materials} & 4,000 \ text{-work-in-progress} & 1,000 \ text{Purchases of raw materials} & 12,500 \ text{Manufacturing wages} & 2,000 \ text{Factory rent} & 500end{array})
What is the cost of raw materials consumed?
  • A.
    N18,500
  • B.
    N16,000
  • C.
    N15,000
  • D.
    N12,500
Correct Answer: Option C
Explanation
You May Also Like

In a , In a , o. which of the following statements is/are correct? i. (bigtriangleup)PQR is an equalateral triangle ii. (bigtriangleup)PQR is an isosceles triangle iii. (bigtriangleup)PQR is a right-angled triangle A. ii only B. i and ii only C. ii and iii only D. i and ii only Correct Answer: Option C Explanation `, props: [‘comment’], data() { return {} }, methods: {} }) {{ reply.posted_by.display_name }}:   {{ reply.created_at }}

In a , o. which of the following statements is/are correct? i. (bigtriangleup)PQR is an equalateral triangle ii.…
Read More