Use the information below to answer questions .
Stock of material 1/1…………..N10 000
Purchase of raw material………..N160 000
Manufacturing wages…………….N420 000
Royalties……………………..N3 000
Stock of raw materials 31/12…….N14 000
What is the cost of raw materials consumed?
Stock of material 1/1…………..N10 000
Purchase of raw material………..N160 000
Manufacturing wages…………….N420 000
Royalties……………………..N3 000
Stock of raw materials 31/12…….N14 000
What is the cost of raw materials consumed?
-
A.
N173 000 -
B.
N170 000 -
C.
N160 000 -
D.
N156 000