Use the information to answer the given question. (begin{array}{c|c} & D\ text{Opening stock: raw materials}…

Use the information to answer the given question.
(begin{array}{c|c} & D\ text{Opening stock: raw materials} & 10,000\ text{work-in-progress} & 16,000\ text{Purchases of raw materials} & 95,000\ text{Direct labour wages paid} & 13,500\ text{Royalties paid} & 6,200\ text{Accrued wages} & 2,800\ text{Closing stock: raw materials} & 7,500\ text{work in progress} & 8,500\ text{Manufacturing overhead} & 10,000end{array})
Cost of raw materials consumed is
  • A.
    D113,000
  • B.
    D105,500
  • C.
    D98,000
  • D.
    D95,500
Correct Answer: Option C
Explanation
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