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 production?
(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 production?
-
A.
N19,000 -
B.
N18,500 -
C.
N15,000 -
D.
N12,500