Use the following information to answer the given question (begin{array}{c|c} & N\ text{Stock of raw…

Use the following information to answer the given question
(begin{array}{c|c} & N\ text{Stock of raw materials – 1st January, 2002} & 460,000\ text{Purchases of raw materials} & 1,000,000\ text{Carriage inwards} & 100,000 \ text{Stock of raw materials – 31st December, 2002} & 500,000\ text{Royal paid} & 35,000 \ text{Manufacturing wages} & 80,000\ text{Supervisor’s salary} & 15,000end{array})
Total overhead cost is
  • A.
    N105,000
  • B.
    N95,000
  • C.
    N50,000
  • D.
    N15,000
Correct Answer: Option D
Explanation
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